Tuesday, December 20, 2016

12/12/16-12/16/16 Recap

12/13/16: $AKAO long entry at $14.43 once it broke above VWAP. Held through the pullback then sold half the shares at $14.75 and the other half $15.15.



12/15/16: $ATHN had the right read on this just bad timing. Got long at $117 and stopped out at $115.50. Luckily I had super small size on this so loss wasnt too bad. I need to stay more patient at the open and not trade for atleast the first 15 minutes. 


12/15/16: $PIR was from the gap up scanner on good earning estimates. This could have been a easier long than short I just have to make things complicated lol. I was watching this all morning just kept hesitating for an entry thinking it would pull back to VWAP before 11 am. That didn't happen so I stayed patient and  I waited for the backside then got short at $8.69 once I saw price action weakening and approaching VWAP. Got out at $8.45 since my broker reduces my buying power at 3:30pm and it was getting close to that time. 



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