67.49M float/22.60% short of float/ 100% institutional
Stop: 14.60$
R:3
I have been stalking this sucker forever, waiting for it to squeeze above the consolidation. Today was the day, but it did not run as expected.
1st entry: 14.65 had a sponge bid, which seemed to suck up everything, so I got in one cent above.
1st add: It ran right away so I wanted to add into momentum. Offers at .75s weren't strong, but there weren't any buyers. So I held on, because after every flush, bids were refreshing.
1st scale: I wanted to lighten up in front of the HOD retest for a little bit better, than 1:1
2nd scale: It came down very deep and I almost puked. However .70s were the breakout spot and buying was strong there. I scaled again in front of HOD retest.
2nd add & close: .90s got bought a lot so I wanted to add for another push. Stop for the entire position was around .80. Got stopped out.
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!