Beat earning revenue and stock is gaping up from previous day. The daily char was showing 3rd continuous red day and was looking for a correction/upside move today. Sell off at the open as expected. Waited for the first 15-min to read the chart. Got in on the upward trendline risking off the bottom of the trednline (116.30's). As soon it broke opening day price I thought this had momentum behind it and continued to ride the trend. Reached my target and got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-02-21 09:45:36 | AAP | buy | $116.750 | long |
2018-02-21 09:48:16 | AAP | sell | $117.740 | long |
2018-02-21 09:48:32 | AAP | sell | $118.560 | 0 |
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