"Pop and stop" setup. Market opens, TEVA pops up and puts in a high, then consolidates above vwap for a bit before washing. I fought for price to an extent, and was risking off HOD (12c); I considered adding when it popped to .54 or so (and keep risk at HOD). When the trade began to work, I took partials when I was up more than I was risking (10c +), and took the rest off as the momentum began to switch direction since it was still the "open"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-23 09:34:44 | TEVA | sell | $19.480 | short |
2019-01-23 09:37:52 | TEVA | buy | $19.330 | short |
2019-01-23 09:39:39 | TEVA | buy | $19.210 | 0 |
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