Daily Setup: Gap up, unsure of news, daily trend continuation.
Intraday: Momentum on flag, day trade.
Entry: Inside 5 candle
Stop: Under inside candle
Targets: 1:1 50%, $24.25, $24.4 (resistance on 15)
Trade did work out but had a shakeout prior to the real move. I could've put a loose stop in but that level would have been up to interpretation since technical stop didn't work.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-02-13 10:18:00 | TOST | buy | $23.830 | long |
2023-02-13 10:26:00 | TOST | sell | $23.680 | 0 |
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