Typically an A+ setup...Catalyst Play - Strong Earnings beat... BUT we are in a bearish market conditions where earnings beats have just been sell the news events and that means follow through on a large gap up is much less likely to happen... so didn't have high conviction on this one and sized down accordingly... also I didn't give it too much wiggle room to the downside.
Also, overhead resistance on daily chart was likely limiting RR to the upside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-12-21 09:42:13 | NKE | buy | $73.550 | long |
2018-12-21 09:47:21 | NKE | sell | $73.500 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!