AMD Trade on Dec 10, 2018 09:49 from jakenovak: Tradervue User Stock Trades.

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jakenovak

 

Held offer at 20.10-13 on the tape gave me conviction that a short term top was in on AMD. Additionally, there was resistance at 20.06 on the daily chart, and 20 has consistently been an important level. It was a lower high on the bigger picture 5m/15m time frames. I did not get a great fill, but the trade had instant resolution. Shorted 1 tier at 19.97 with stop at 20.13 (HOD.) I did not fight for price to get a better risk:reward and could have used more size had I done this. I took covers into the 50ema at 19.72, then more on the extended pull to 19.50, and put stop for the rest at breakeven.


Execution detail:

Date/time Symbol Side Price Position
2018-12-10 09:49:36 AMD sell $19.970 short
2018-12-10 09:52:46 AMD buy $19.720 short
2018-12-10 09:53:51 AMD buy $19.580 short
2018-12-10 10:14:47 AMD buy $19.990 0


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