Shared by
Brutto_BOWS
Gapped up before the open. First found candles were making higher highs with good volume so I bought into the fifth looking for a break of the opening renage high. It started to pull back pretty much right away and couldn't hold the VWAP and 9 ema. On review it was pretty extended from the mas and even though the volume was good it was less than the previous candle. It clearly looked like it would need a rest. I let it rest and hit it again later.
R/R 2/1
-1.12R
-1.42%
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-24 09:50:27 | GTAT | buy | $13.370 | long |
| 2014-02-24 10:02:00 | GTAT | sell | $13.180 | 0 |
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