Same procedure in $NFLX with 289 287.50 275 for support and 298-299 and 303.75 for resistence.
Chop out of the Open, but upside resistence held.
$NFLX sold off and on the retest of 289 I opened a starter eventually. I dropped hard and I was patient to add into the next support of 287 for an average of 288.19.
I took some partials on the way up to catch the high at 290 for a small piece. I really wanted to see more highs and stick to 15 shares for a couple of points.
That didn't happen and I should have taken off the remaining position somewhere.
Into 285 i added back and did so on the retest of 284, but finally hesitated on the low of 283! Average 285.69 on 55 shares. REally ok, but another add at 283 would have been easy as it finally showed some movement.
I was really patient, but 286 turned out to be pretty much the high and I took of partials there and close to break even.
284 turned out to be an important support that held, but I did not use it to add back. Just stuck to my position to eventually scale out when it broke out into the afternoon not quite making it to VWAP. Rest off on break down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-14 10:22:00 | NFLX | buy | $289.218 | long |
2018-11-14 10:25:00 | NFLX | buy | $287.160 | long |
2018-11-14 10:29:00 | NFLX | sell | $290.000 | long |
2018-11-14 10:29:00 | NFLX | sell | $289.210 | long |
2018-11-14 10:53:00 | NFLX | buy | $285.214 | long |
2018-11-14 11:03:00 | NFLX | buy | $284.284 | long |
2018-11-14 11:17:00 | NFLX | sell | $285.800 | long |
2018-11-14 11:47:00 | NFLX | sell | $285.370 | long |
2018-11-14 11:54:00 | NFLX | sell | $286.402 | long |
2018-11-14 11:59:00 | NFLX | sell | $288.022 | long |
2018-11-14 12:19:00 | NFLX | sell | $285.981 | 0 |
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