Context
The name sold off into the first hour, then built higher lows underneath VWAP on falling sell volume.
Trade breakdown · Liquid large-cap
- Setup
- VWAP reclaim and hold
- Catalyst
- Sector strength through the morning
- Entry rationale
- Price closed above VWAP, retested it, and the tape slowed on the offer during the retest.
- Risk level
- One unit, with the stop below the retest low rather than at VWAP itself.
- Exit rationale
- Scaled out into the prior session high and trailed the remainder under the developing higher lows.
- What worked
- Waiting for the retest instead of the first close above the line kept the stop tight.
- What didn't
- The first scale was early relative to the target and gave up part of the move.
- Lesson
- Retest entries produce better risk than reclaim entries in liquid names. Scaling rules need a written level, not a feeling.
Educational review of a past session. Not financial advice, not a recommendation, and not an indication of future results.