Shared by
Sxyooj
I was too early. The idea was entering at support. My risk was the 13.50 support. That would've been the ideal entry given it being LOD with risk below it.
Reason to not enter the trade: It explode premarket but gave back all its gains so long traders would be avoiding this pump and dump actions. When it did bounce, it has a wick that slamed it back down so it's no good as a long idea since it's such a clear sign of weakness on the long side.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-07-05 09:32:31 | DWAC | buy | $14.020 | long |
| 2023-07-05 09:33:27 | DWAC | buy | $13.850 | long |
| 2023-07-05 09:40:00 | DWAC | sell | $13.500 | long |
| 2023-07-05 09:42:07 | DWAC | sell | $13.470 | 0 |
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