I was looking for PR breakout continuation on day 2. I was looking to enter on a quick pullback but it ran too much and did not provide an actionable pullback. Thankfully this was a small loss.
Take away:
I needed to better identify levels as there was resistance right overhead.
I needed to see that the setup was invalidated and exit for a small loss or small gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-07 09:44:47 | SUN | buy | $29.830 | long |
2017-04-07 10:52:52 | SUN | sell | $29.600 | 0 |
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