Shared by
E-Money
5/2/18
GILD
Saw a potential rip to resistance setup, tried to hold as long as possible, targeting a two dollar move at least. Had trouble breaking down, and saw that it was tightening. RSI began to show strength to the upside and decided it was no longer worth it participating in this stock. Closed out manually just in time before GILD wanted to test top of range again.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-05-02 09:41:25 | GILD | sell | $66.930 | short |
| 2018-05-02 09:41:25 | GILD | sell | $66.930 | short |
| 2018-05-02 10:08:46 | GILD | buy | $67.020 | short |
| 2018-05-02 10:10:10 | GILD | buy | $67.240 | short |
| 2018-05-02 10:10:21 | GILD | buy | $67.460 | long |
| 2018-05-02 10:12:28 | GILD | buy | $67.240 | long |
| 2018-05-02 10:17:55 | GILD | sell | $67.400 | long |
| 2018-05-02 10:18:00 | GILD | sell | $67.430 | 0 |
| 2018-05-02 10:33:41 | GILD | sell | $67.000 | short |
| 2018-05-02 10:34:01 | GILD | sell | $67.020 | short |
| 2018-05-02 10:34:01 | GILD | sell | $67.020 | short |
| 2018-05-02 11:11:19 | GILD | buy | $67.340 | 0 |
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