Eventually did good on BABA regarding to choose the correct strategy. Small size, lots of room for a low volume range day.
When BABA came to the 167 resistance area and rejected it by forming a decision-candle I took a stab, but was too early! The lows did not break and I jumped in towards the lows as the candle finished.
Of course, BABA found a bid and traded higher. I was not worried though and wanted to add towards 167.50. That did not happen and BABA plummeted shortly after without a good chance to add.
Did good on the partials. However, on the rest I did good, but could have given it more room once again, but as the market was so indecisive I really saw it trade back to my break-even and I wanted to hold on to profits.
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