clayrdedwards's MDGS Trade +$17.00

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Trade Details
Published: Oct 13, 2020
Status: Closed
Broker: TD Ameritrade
Asset: Stock
Symbol: MDGS
Type: Long
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
3.28 3.48 $0.00 85.0 $278.80 6.10% $17.00
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
Oct 13, 2020 09:45:00 Entry 85.0 $3.28 $0.00 $0.00
Oct 13, 2020 09:47:00 Exit 85.0 $3.48 $0.00 $0.00
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Notes

I considered buying this ticker several times as it had multiple nice 20-30 cent bonces off the 2.90's, but once it began to break out about the 3.30's, I began looking for a bit different of a set up. It hit resistance at 3.50, and I was looking for an entry on its pullback around the 9 minute EMA. I got filled and it quickly flushed a bit lower, but the momentum was slow, so I decided to be patient because I did not think it would crack. It didnt take long to recover, and I sold a bit early looking for a retrace to the 50's.




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