Not A+ setup, but it was a very good trade according to PnL. I took advantage of yesterday's downtrend in the stock and shorted a resistance area. I should've traded this stock multiple times, but I did not because I was not seeing the patterns very clearly.
Need more patience in these plays, and I need to use larger size. Short the whole and 1/2 number breakdown.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-20 10:36:00 | EQT | sell | $52.370 | short |
2017-06-20 10:41:00 | EQT | sell | $52.140 | short |
2017-06-20 10:44:00 | EQT | buy | $52.150 | short |
2017-06-20 10:50:00 | EQT | sell | $52.210 | short |
2017-06-20 10:56:00 | EQT | buy | $52.000 | short |
2017-06-20 11:00:00 | EQT | buy | $51.700 | 0 |
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