Setup - PR breakout
Daily chart - this stock was forming a base for a month and it had news the previous day and gapped up. Continued to reach highs today.
Intraday (5-min) - I thought I saw a descending triangle with a triple bottom at $13.60 level and a VWAP right under. So, I entered in a short position here in anticipation that it would break the VWAP and break down.
Entries: $13.80 long and $13.66 short
Execution detail:
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