147.50 was a major level. I traded badly at the open, not re-entering the break of it, but wanted to make up for it on a retest to the short side.
At first it looked like the level would held as 147.40ish was rejected already on a spike. BABA started its reversal but found a bid above 147, but above my first target.
Took off the trade break-even. Good call.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-12-14 09:43:00 | BABA | sell | $147.310 | short |
2018-12-14 09:44:00 | BABA | buy | $147.300 | 0 |
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