Well, that didn't work. $AAPL eventually traded down to the pivot at 173.75 and respected it. I really did not trust it and even ignored the retest. After It made a small bounce and formed a double bottom I took a shot at it.
Besides being too early and not waiting for the 173.75 to hit, I did not like the action. Took it off break even.
Good call as AAPL traded lower into the close.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-23 11:04:00 | AAPL | buy | $173.900 | long |
2018-11-23 11:09:00 | AAPL | sell | $173.890 | 0 |
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