Nothing attention grabbing moving in premarket
- One of those stocks you watch on quiet days.
- AAPL, MC, ETB, ATR: $2.76
Open
- I havent had the best luck with apple recently and I dont enjoy the way it moves in its price action, its super choppy doesnt seem like it ever finds any pattern on the 5 min chart. Took an entry on the break of the VWAP on the 5 min and 1 min chart. It didn't break the way I thought it would on the high volume it was having in that moment. I think this is a deal breaker for how I feel about this stock.
Trade 1: Looking for the break of the VWAP and but it reversed back on me and I got out with a minor loss.
Trade 2: Looking for the short again the break of the VWAP and yet again the candle action chops out, at this point I didn't feel inclined to want to hold it any longer and so I just got out of the trade.
Reflection
- Trading high volume typically works but this stock is so weird.
- Good thing following your guts, the trade didn't resolve for shit in any direction atter this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-05-22 12:05:34 | AAPL | sell | $174.120 | short |
2023-05-22 12:07:03 | AAPL | sell | $174.010 | short |
2023-05-22 12:12:56 | AAPL | buy | $174.150 | 0 |
2023-05-22 12:25:19 | AAPL | sell | $174.140 | short |
2023-05-22 12:31:05 | AAPL | buy | $174.210 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!