Shared by:
aceknuckles
Ticker: GDDY
Date: 7/7/20
Size: 10
Amount of Trades: 1
Closed P&L: $-11.4
(as of 7/9/20)
RVol: 1.4
AVol: 1.63M
ATR: 2.7
Float: 162.84M
Beta: 0.81
52 Week Range: $40.25 - 85.46
Sector/Industry: Technology/Software - Infrastructure
GDDY is a name I've been watching for some time, waiting for an alert that price has returned to 70.55, a gap level. On the daily, GDDY broke it's trend towards the downside looked as if 70.55 could become a place of support. Price slammed into and through 70.55 on the open, hitting my limit. Price popped for a moment above 70.55 before failing and traveling further down. I got stopped out at 69.41. Price found support around 69-69.2 before rallying back towards 70.55. I didn't reenter because I didn't want a round trip counted against me. Also, I got stopped out again, I wouldn't be surprised if the next trade was a revenge trade. Take the lumps and move on.
Execution detail:
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