Break down at consolidation at a whole number on a weak stock. This trade worked out beautifully! Risk:Reward was approx 1:2.
NOTE: This was a momentum play from the previous day and this is a new idea that I am trying. I will continue to keep an eye out for these.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-09 10:07:35 | CTRP | sell | $27.000 | short |
2018-11-09 10:12:27 | CTRP | buy | $26.560 | short |
2018-11-09 10:28:03 | CTRP | buy | $26.760 | 0 |
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