I would have liked to get this stock a bit closer to the EMAs but ended up entering near the flattop with a tighter range forming. The range on this stock today was vast so I kept my position size low. In hindsight, my risk was well managed with a stop-loss just below the EMAs thus a larger position could have been taken. The stock made its way up the VWAP and I scaled out. As the stock began to consolidate along the VWAP and sold the rest of my position for a small gain.
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!