BABA made a run out of the open even though the market suggested a selloff, but also started to rally, but light volume.
SMA200 fell around 169.20 for resistance.
169 held resistance for a moment and I used it for a starter. Level lifted and broke the 200, but rejected. I was a bit early with my Entry, but did not get a good chance to add. Stuck with my position.
Partials were perfect. BABA traded slowly and eventually I stopped out last piece once 169 lifted again. Good Call. Should have given it much less room and left a bit on the table.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-19 09:36:00 | BABA | sell | $168.970 | short |
2019-02-19 09:44:00 | BABA | buy | $168.620 | short |
2019-02-19 09:47:00 | BABA | buy | $168.300 | short |
2019-02-19 09:51:00 | BABA | buy | $169.030 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!