This was a good trade, it just didn't work out. It was gapping up and I liked the daily chart because there wasn't any resistance until about $19.00. This opened weak and then broke over the HOD and made a nice run. It popped briefly over the pre-market high and then started to pull back. It dipped a little below the VWAP and then remounted which is where I got long. It also closed on a green candle on the 5 min chart so I was anticipating to make a move higher. i only got in a partial and this ended up not working. But it was a good trade that I would have taken again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-23 09:57:14 | SNCR | buy | $16.940 | long |
2017-06-23 10:01:39 | SNCR | sell | $16.670 | 0 |
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