The assessment I need to consider is whether I was too late to enter. 35.56
I had planned to enter on a break of 35.50 based on hourly resistance points:
Although I felt pretty good about my trade plan (and this is still a profitable trade), after watching the weekend video regarding entering stocks early, I'm questioning my entry. Should I have used the 5min?
Although in hindsight I can see some range breakout of consolidation towards the end of the day on Thursday. I don't think that was a realistic entry with the markets down large, do I want to be buying into the close on a stock that was still down on the day?
On the opening surge? Many days the ranges of both the upside and down side are tested with in the first 5-15 minutes as there is a move and a counter attack. I struggle with this candle as it is so susceptible to false moves. Perhaps I'm worrying too much over .20
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