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Dec 13, 2018 09:32


The Open Pullback Good Exit Earnings Breakout Play Bad Entry

CIEN was up and strong after reporting Earnings. 35 was the level to watch and it broke out of during premarket. Started the run too early. However, 35.80 also was a level of significance. When it reclaimed it after a pullback at the Open, I tried a pullback to 36 for a long. didn't work. stuck with it and made my exit when it looked weak on the second attempt. Good call.

Execution detail:

Date/time Symbol Side Price Position
2018-12-13 09:32:00 CIEN buy $36.070 long
2018-12-13 09:42:00 CIEN sell $36.160 0

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