Shared by
moazzamk
The set-up: I had a feeling it would breakout. It pulled back and came back up to previous high pretty soon. High volume on green candles, low volume on red. Dixie had mentioned she was watching APP
What I did Right:
Got in before breakout and waited for it to get to 40 as (if I remember correctly) it was a daily level. However, it went to 39.5 and started come back down. I realized it might be a false breakout and got out. And, at a great time too. It went down, and stayed down for quite some time.
Good trade management over all.
What I did Wrong:
Where I could improve:
I had thought about buying it at 9ema support. It seemed to be playing off that. However, I got busy and it went up. I wonder if there are any alerts I can set to get alerted at the right time. Or maybe I should just place a limit buy order with an SL?
Trade grade: A
Exit
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-08-11 10:44:26 | APP | buy | $39.310 | long |
| 2023-08-11 10:48:25 | APP | sell | $39.330 | 0 |
| 2023-08-11 11:02:59 | APP | buy | $39.180 | long |
| 2023-08-11 11:11:56 | APP | sell | $39.310 | 0 |
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