SIM DAY #9
Shares traded: 1000
Closed P&L: $151.50
The $103.00 level was a key level of support in the morning for $NFLX. After tapping that level a couple of times already on a 5min candle chart, once it broke below the $103.00 mark on it's third attempt, I took the stock as a short. It was below it's EMA's and had finally broken the $103.00 level of support. I was unsure of how far the stock would go due to its stubbornness to follow through all morning, so I scaled out and took my profits quicker than I would have liked to.
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!