AFter the open and on my short bias based on the SPY market opened with a relief move upwards.
For NFLX I had 363.50 down for resistance. Due to lack of volume and jumpy behaviour I did not trust the reject of 363 and wide decision-candle that formed, and worked.
For Support I had 359 356.70 and anticipated the break of 359 to lows.
At first it looked like NFLX would break, but I was, again, too early. Did good taking the trade off and not stick to it as out of the open I could not tell whether it would make a run or just pull back and how far. Fair loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-21 09:38:00 | NFLX | sell | $359.125 | short |
2019-02-21 09:39:00 | NFLX | buy | $359.558 | 0 |
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