BABA Trade on Jan 16, 2019 11:40 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

I was already done for the day when I saw BABA.

My levels for resistance were 152.50 and 153.50-154 and 156.

Missed 153.50 earlier and kept watching it when BABA was grinding through it towards lunch.

BABA spiked through it and I watched 154 closely.

BABA formed a decent rejection-candle and another decision-candle right behind it.

I took a stab at it when it broke lows immediately at the turn of the minute.

BABA fell quickly but spiked against me for a moment just to roll over a minute later.

It took a moment until it gathered some momentum to the downside, but I was patient and put my stop above highs.

When BABA slowed at .80 I took a partial with .50 in mind to take off rest.

I did not. I tooke another partial, just to stop out rest moments later.


Execution detail:

Date/time Symbol Side Price Position
2019-01-16 11:40:00 BABA sell $154.160 short
2019-01-16 11:47:00 BABA buy $153.850 short
2019-01-16 11:50:00 BABA buy $153.510 short
2019-01-16 11:51:00 BABA buy $153.680 0


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