You sold too soon on this trade. GENE was making a new daily high on a strong 5-minute and 1-minute flat-top consolidation pattern trading tightly along its support lines. You were only trading 500 shares, so you should have let this trade play out.
Looking back on it now, it looks like you placed the trade on relatively low volume trading on the 1-minute chart, so it looks like you were actually too early for the move up. The better entries would have been on a volume pop on the doji candle that later formed on the 1-minute, or on a 1-minute micro-pullback.
You closed this trade red for a $20.08 net realized loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-01-10 09:54:59 | GENE | buy | $1.610 | long |
2018-01-10 09:55:41 | GENE | sell | $1.590 | 0 |
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