Ebay seems to be good to be traded on the 5m chart after all.
I hesitated on the short after the open as EBAY gapped up after EArnings and made a run higher out of the open. It seemed too close to VWAP. The hard reject though should have been a sign to take it. Never thought it would sell off like it did.
I watched it on the way to lower prices and took a long at 38 during the consolidation, but kept a tight stop.
Eventually stopped out when Ebay continued lower. Stayed away from it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-01 10:07:00 | EBAY | buy | $37.990 | long |
2019-03-01 10:15:00 | EBAY | sell | $37.910 | 0 |
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