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Shared by
boldandnuts

 

NVDA

Feb 22, 2019 09:52


Tags:

Bad Bad Entry Held Ask Selling Resistance

That was just bad! Really Bad!

159 held the offer for quite some time, but the market was too strong. I literally got in when the 159 level lifted the offer. Bad timing.

The spike up was so fast I did not get out fast enough and stuck with my position. Rather worried as I did not trade well at all the day so far.
I did not even add to it when I saw that hard reject what looked like a breakout to the upside at first, but ended up being a perfect decision and rejection candle.

NVDA was choppy and 160 level eventually held. I did not want to mess up and did not add to my loser. Eventually took the trade off on the way down as 159 held support after.


Execution detail:

Date/time Symbol Side Price Position
2019-02-22 09:52:00 NVDA sell $158.980 short
2019-02-22 10:18:00 NVDA buy $159.050 short
2019-02-22 10:18:00 NVDA buy $158.910 0


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