Shared by:
denlitvinn
Big Picture
The stock recently bounced off level 35 and was trading higher, good potential for a continuation of the trade on daily
Intraday Fundamentals
The stock flushed quickly from the prev day low and support of 41. Looking at potential support at 39, 38.50
Execution
The stock sold off quickly to level 38.5 where it became heavy and showed a spike in volume. Getting long after bids start to hold. It was good that I split the position into 2 tiers but the second one should have been executed after confirmation that buyers are holding the level. I was making a quite risky play with too much volume. The second exit didn't have a reason, I definitely wanted to cash in some profits
Grade
setup: A
entries: B
exits: B
Grade
Execution detail:
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