FB had it with me this week and I was not very confident trading it. I had 137.50 down as resistance and it respected it the whole week.
After it rejected it twice and started to consolidate above it I gave it a stab with small size. Just to watch it play out as I figured there might be a good chance for a test of the full dollar at 137.
It took forever to resolve. Eventually took profits on lack of patience.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-04 11:44:00 | FB | sell | $137.570 | short |
2019-01-04 12:14:00 | FB | buy | $137.110 | short |
2019-01-04 12:53:00 | FB | buy | $137.170 | 0 |
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