2nd day PR Earnings breakout. Set up beautifully for a R/G move at the open. I assume buyers just didn't come in because the market was tanking at that exact time. It ended up bear flagging and then finding support at a previous day's level. I think I played this one right, it just faked me out twice. Good thing I covered some into the spikes, but I didn't adjust my risk afterwards (since it didn't move too much), and I probably should have regardless.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-03 09:30:17 | JOY | buy | $20.350 | long |
2016-06-03 09:31:25 | JOY | sell | $20.460 | long |
2016-06-03 09:35:43 | JOY | sell | $20.080 | 0 |
2016-06-03 09:44:50 | JOY | buy | $20.360 | long |
2016-06-03 09:45:19 | JOY | sell | $20.460 | long |
2016-06-03 09:46:57 | JOY | sell | $20.170 | 0 |
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