I found this gapping pre-market on decent volume over resistance. I entered on a red to green setup at the open. Looking back at my entry, I never should have entered as it went red again after going green with was a no no. I set my target for $5. I exited as soon as I saw the setup failed. I should have looked at the weekly chart as it gapped into the 50 ma on the weekly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-30 09:56:16 | DHT | buy | $4.760 | long |
2017-01-30 10:15:32 | DHT | sell | $4.550 | 0 |
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