I entered in this stock with what looked like an ORB. This is another set-up that I have not been focusing on yet. Although, my risk was limited if I abided by my mental stop, which was below the VWAP & 9 EMA. I sold a third of my shares on the first pop above the MAs and another third near the HOD. I should have realized by now that this stock was over extended and sold off all of my shares. I re-entered on the pullback to the 9 EMA with hopes of another run up and new HOD. The stock flushed, and I sold way to late. Again, I should have executed a stop-loss and reduced my share size to limit my losses.
Execution detail:
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!