Shared by
TomB_BOWS
Setup (intraday): 1-2-3 Reversal
Setup (daily): Bounce (50 MA)
Stop: 37.50
Reason for taking trade:
Concerns:
Mistakes:
Anticipation/Confirmation: Confirmation
Market above or below 50 MA: Above
After making a higher low and remounted the MA's I took a small position. Sold into the run up. Sold a little early knowing I had to go into work.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-25 13:30:22 | MOMO | buy | $37.640 | long |
| 2017-05-25 13:41:51 | MOMO | sell | $38.110 | long |
| 2017-05-25 13:58:22 | MOMO | sell | $38.260 | long |
| 2017-05-25 14:01:34 | MOMO | sell | $38.430 | 0 |
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