I had $BKS on watch due to the clean gap down it made premarket. I originally entered this stock when it broke back below the VWAP, but I entered way too low and did not get max profit off this first trade. This stock gapped down approximately 15% and I made a mistake and did not zoom in to just todays data at first to get a clearer picture of today's price action. When the the price pattern broke back over my trendline I exited.
After $BKS pulled back, fell below its VWAP again and curled down I re entered. I figured this stock would not break LOD being a 2 taper so I exited when it showed strength as it approached LOD.
I tried to play the remount below the VWAP the third time, but got stopped out.
I played it a fourth time, hoping that the third tap on LOD would break, but it failed.
Execution detail:
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