Shared by
konradengen
Traded solely based on the nice breakout. Took position at EOD, as it was holding nicely into the close. Risk was 5.60, and gap-down after the close. Thesis was that it would most likely continue the trend higher, and gap up. Was not targeting a huge move here, based on the previous gap up days. It worked out nicely. Sold in two half’s pre-market.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-01-16 15:59:48 | SRNE | buy | $5.750 | long |
| 2018-01-17 04:00:00 | SRNE | sell | $6.000 | long |
| 2018-01-17 08:12:28 | SRNE | sell | $6.300 | 0 |
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