Shared by
tomr_BOWS
Daily: Gap-up
Intraday: ORB
Gain: $150 (3.5%)
Shares: 200
Stop: $20.90
Took long position on a ORB setup although I chased it a bit. Could buy only 200 shares with 50ct risk because support (VWAP, 9EMA) had not yet caught up. Should have waited two candles when stock was flagging and support was much closer to price. in hindsight, second sell was pre-mature but at the time it looked like stock could not clear $22 mark.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-22 09:49:52 | SMCI | buy | $21.420 | long |
| 2014-01-22 09:49:53 | SMCI | buy | $21.430 | long |
| 2014-01-22 10:08:40 | SMCI | sell | $21.900 | long |
| 2014-01-22 10:21:50 | SMCI | sell | $22.000 | long |
| 2014-01-22 11:15:31 | SMCI | sell | $22.900 | 0 |
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