This time on smaller size. Unfortunately.
AMD eventually broke below VWAP and the EMA9 to find support at the EMA20. It looked a bit extended and found a bid when trading below the half dollar.
There was no clean decision candle, but support. I waited a moment and watched AMD trade back above the half dollar and looked for buying. AMD hesitated for a bit, but when it broke the highs of the 1m candle I gave it a shot and was very patient watching it.
AMD traded slowly, but spread was tight. Took partial at 10cent to scale out more on the next spke up at resistance. The rest I stopped out on an outside bid. really? It happens, but good trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-05 10:13:00 | AMD | buy | $23.550 | long |
2019-02-05 10:15:00 | AMD | sell | $23.650 | long |
2019-02-05 10:20:00 | AMD | sell | $23.710 | long |
2019-02-05 10:25:00 | AMD | sell | $23.590 | 0 |
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