Shared by
Ihor_Horovenko
Thesis: self-checkout option expansion to over 4.5K Walmart stores.
Stop: Placed my stop-loss below consolidation low.
Entry: I have entered position with LMT order at the moment of 5-minute consolidation breakout.
Targets: end of the 1st and 2nd move.
Breakeven point: set after 2 minutes and 1st profit taking.
Profit taking: 48.50-48.70 showed little rejection. The slowdown continued and I decided to close position entirely.
Comments: Could have more patience in 2nd profit taking.
Lessons: take at least 2 minutes of pause between profit taking.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-12-19 09:36:20 | AFRM | buy | $47.790 | long |
| 2023-12-19 09:37:39 | AFRM | sell | $48.620 | long |
| 2023-12-19 09:38:42 | AFRM | sell | $48.430 | 0 |
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