This was a bit of a mess early on as I didn't take into account the small range on this stock so I had to feel out the mount of my buy ins and ended up adding several times. Sometimes I add as I see pattern confirmation and I did that a bit here, but some of the adds were simply that I could have a looser stop because of the low range and if the pattern hit I wouldn't pull enough of a profit unless I added more.
I played this because of a bullish momentum on the daily, not a premarket gap. I felt there was some assurance here because of it's momentum and was right. My first trade was my most successful, exiting at the high, but I held some for another pop and stopped myself out when it looked weak in order to preserve profit.
I tried hitting it again on a remount of the 9EMA but should of got more confirmation as it faked on me and stopped me out.
Shortly after it did remount and I learned from my previous error. I got confirmation before entering, added some as it flagged and popped, only to miss my exit as it failed at the previous high twice.. big mistake there and had to exit when it pulled back to the 20EMA.
Got in again as it broke the HOD resistance, and learned from previous time... took profit early and exited as it started to fade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-04-05 09:44:00 | RUN | buy | $9.910 | long |
2018-04-05 09:45:00 | RUN | buy | $9.920 | long |
2018-04-05 09:45:00 | RUN | buy | $9.920 | long |
2018-04-05 09:46:00 | RUN | buy | $9.920 | long |
2018-04-05 09:49:00 | RUN | buy | $9.940 | long |
2018-04-05 10:10:00 | RUN | sell | $10.100 | long |
2018-04-05 10:24:00 | RUN | sell | $9.980 | 0 |
2018-04-05 10:48:00 | RUN | buy | $9.960 | long |
2018-04-05 10:48:00 | RUN | buy | $9.960 | long |
2018-04-05 10:48:00 | RUN | buy | $9.960 | long |
2018-04-05 10:49:00 | RUN | buy | $9.940 | long |
2018-04-05 10:51:00 | RUN | sell | $9.910 | 0 |
2018-04-05 11:00:00 | RUN | buy | $9.990 | long |
2018-04-05 11:00:00 | RUN | buy | $9.990 | long |
2018-04-05 11:00:00 | RUN | buy | $10.000 | long |
2018-04-05 11:28:00 | RUN | buy | $10.020 | long |
2018-04-05 12:01:00 | RUN | sell | $10.000 | 0 |
2018-04-05 12:25:00 | RUN | buy | $10.050 | long |
2018-04-05 12:25:00 | RUN | buy | $10.050 | long |
2018-04-05 12:27:00 | RUN | buy | $10.060 | long |
2018-04-05 12:44:00 | RUN | sell | $10.130 | long |
2018-04-05 12:53:00 | RUN | buy | $10.100 | long |
2018-04-05 13:15:00 | RUN | sell | $10.070 | 0 |
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