Nice trade here in FB as well. FB sold off as well and grinded lower. I did not touch it until I saw it make that last spike lower. It really looked exhausted.
My support was 141.50 139.50.
When FB dipped below 141 after breaking the pivot I waited a moment to confirm support. When it stalled coming into 141 I anticipated the break and gave it a stab.
FB traded slowly and I was patient not taking off too soon. STill did, but waited longer than I usually would have.
First target at 141.90, but I was impatient.
Stuck with the rest for more at VWAP and into 143.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-10 10:09:00 | FB | buy | $140.950 | long |
2019-01-10 10:10:00 | FB | sell | $141.180 | long |
2019-01-10 10:12:00 | FB | sell | $141.461 | long |
2019-01-10 10:20:00 | FB | sell | $141.870 | 0 |
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