Tuesday, April 28, 2020

NFLX redeems ridiculous DGX trade and MRK loser

Was it a good day? NFLX redeemed me.

DGX -26%
First I took a WTF trade on DGX. I looked at it and thought, "blow off top", but like a posessed idiot, I tried to preempt?! a continuation higher. In the second minute, inside bar? I deserved that loss, and it hurt!





MRK -10%
Gap below strong up bar. Looking for continuation down. I saw the 20sma and 50ema right below on daily and thought it might get caught up there. Went for it anyway. I like how I waited for a pb, but obv not enough. I like how I stopped it tight, even if I could have gotten out better. 






NFLX +41%
NFLX saved my day. I've been watching it for weeks. Hoped to get break above high pennant, but it broke down. It was HARD to hold, and I got out at smaller targets, even though it did go to my T2 later.


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