Stock gapped up to 13.40 near resistance at 13.60. I missed the ORB but waited for the stock to pull back to the 9 EMA for a second entry. I entered 100 shares at 13.65 once the 9 EMA held. The stock couldn't break its original highs so I thought it was going be a fader. I ended up exiting as it broke below the VWAP at 13.69. In hindsight I should have let the stock play out and allow it to trigger my stop at 13.45. The stock offered multiple opportunities to re-enter but I didn't have the confidence after botching my trade management. With more patience this could of been a decent trade.
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!