Shared by:
nicholas_BOWS
This was actually on my watchlist as rubberband snapback (stochastic >90) on 19march (Thurs).
But it didn't snapback yet, and also price couldn't push pass previous high.
Looking for potential short.
But it saw momentum when market start on 20 March (Fri).
Grab the opportunity to entry on 1 min chart, when it pull back to 9ema.
Scale out 300 at $35.81, let the rest ride.
I didn't keep track of it for a while and didn't notice the price had went down pass my entry price. Should have stop out on my entry price ($35.52).
Lesson: need to keep track on open position closely.
Execution detail:
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