MU reported Earnings the night before and broke that 34 level I was waiting for the past days over night. Right, why would it break during the day? So, I missed that. I was short biased for continuation and took a short into a spike up.
At first it looked like it would play out nicely and sell off. Bummer it found support and I was kind of expecting it to range around and wanted to wwait until it formed that range to pile in on top and cover on the bottom.
Well, that didn't happen. MU found some buyers. Short covers? I piled in at levels I had written down, but always misssed the levels I originally anticipated. Have a tough time reading the tape in MU. Just too crowded.
Got out break-even, traded badly and all losses due to commissions. Thanks for nothing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-12-19 09:30:00 | MU | sell | $31.800 | short |
2018-12-19 09:41:00 | MU | sell | $32.450 | short |
2018-12-19 09:49:00 | MU | sell | $32.780 | short |
2018-12-19 09:50:00 | MU | sell | $32.990 | short |
2018-12-19 10:01:00 | MU | sell | $33.180 | short |
2018-12-19 10:04:00 | MU | sell | $33.330 | short |
2018-12-19 10:05:00 | MU | sell | $33.300 | short |
2018-12-19 10:12:00 | MU | buy | $32.900 | short |
2018-12-19 10:13:00 | MU | buy | $32.860 | short |
2018-12-19 10:20:00 | MU | sell | $33.270 | short |
2018-12-19 10:26:00 | MU | sell | $33.220 | short |
2018-12-19 10:35:00 | MU | buy | $33.050 | short |
2018-12-19 10:40:00 | MU | buy | $33.000 | short |
2018-12-19 10:43:00 | MU | buy | $32.910 | short |
2018-12-19 10:50:00 | MU | buy | $33.050 | 0 |
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