DPW Trade on Feb 20, 2018 09:33 from d3totherescue: Tradervue User Stock Trades.

Gravatar

Shared by
d3totherescue

 

Whole Number Break

Trade Idea:

I saw DPW was gapping up pre-market. It spiked up from the 2.00 area. I knew that was support on the stock, and it broke support. I shorted on the pop, and I was looking for a quick rejection at the area. That is exactly what happened. There wasn't enough selling pressure, so I took the trade off. Not enough selling pressure, story of the week.

Risk Management:

I was risking off the 2.10-2.12 area because that was the hod. I did not want to hold it short as it ran against me.

Improvement:

-Nothing really, there wasn't enough movement


Execution detail:

Date/time Symbol Side Price Position
2018-02-20 09:33:00 DPW sell $2.010 short
2018-02-20 10:26:00 DPW buy $1.940 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in