$709 Profit
SDRLLong Stock

Doubted early entry in low .50's, bought at top of first bounce where it failed. Held as it was making a higher low, and forming an ascending triangle using every higher low as STOP. TAPE was essential for this trade as Level 2 bulls were hiding positions, and bears were intimidating with theirs. After breakout, stock rallied to .5977, pulled back to 13EMA then rallied up to .6395 where I noticed selling in TAPE so I got out at .637 for a solid play given my doubtful circumstances.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 5/18/2018 | 0.5661 |
| Exit | 5/18/2018 | 0.637 |
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- Position Size10,000
- Percentage12.52%
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