-gap up to ATH breakout long-
tried to buy on the break over previous highs using 58 resistance as risk. it dropped below and i moved stops to the VWAP which was a bad idea. The 15 min chart shows only wicks dropping below 58 level I should have exited and re-entered. I added more as it was consolidating near 58. Need to pay attention to the fact that it is a mid cap and will move a lot slower than the smalls. don't buy the breakout on mid-lg caps because they are more likely to have big selling sitting there
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-06-15 11:59:00 | GOOS | buy | $59.130 | long |
2018-06-15 12:41:00 | GOOS | buy | $57.850 | long |
2018-06-15 14:25:00 | GOOS | sell | $59.304 | long |
2018-06-15 15:12:00 | GOOS | sell | $59.840 | 0 |
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