One of those stocks that you watch
Open
- Was watching BABA for the curling move back to the upside, took an entry on the break to the upside on the new 5 min candle open. At that point I didnt want to scale any further because the price action was moving further away from the VWAP pretty strongly compared to the ATR of the stock so I just held my place. Took entries at 2R and 3R. Good trade even for just 1 entry.
Reflection
- Followed all 3 indicators.
- Nice partials at the profit targets and on the curling action back to the downside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-07-17 09:51:31 | BABA | buy | $91.840 | long |
2023-07-17 09:56:42 | BABA | sell | $92.870 | long |
2023-07-17 09:59:52 | BABA | sell | $93.080 | long |
2023-07-17 10:01:38 | BABA | sell | $93.030 | 0 |
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