$COIN trade recap

28 thg 11, 2022

COIN
The stock opened with a gap down and I had it on my watch list and trading plan, the initial idea was to take the stock from $42 if strong support was created at the level but it didn't happen and the stock went up strongly with the market up to the $45 resistance area. From there I took the stock short as soon as it broke an area there which in my opinion there is no way back for the stock to go up and the market also changed its direction down.

Entry - 44.37

Stop - 45.01

Take profit - $43 You can see that I took some profit at 43.65 but it was a little less than 5% of my risk (it was to reassure myself because there was a level of support, but not strong at all)