QCOM Trade on Apr 17, 2019 09:40 from shefmcoy: Tradervue User Stock Trades.

Avgvol 15.53M
short 2.31%
ATR 2
There has been a lot of news and upgrades about this stock recently. Had a massive move up to 71 from 56 yesterday and is now trading near 80
IF stock trades higher near mid 80s with little pullback then I will look to scalp a short until heavy buying appears.
IF heavy buying appears around the low to mid 70s then I will go long as long as now big sellers appear and market is in alignment up to previous highs near 80

During the premarket there have been a lot of shares traded at 80 and 80.50 79 and 78.25
I will try to short as close to 80 as possible down to 79 where I will get lighter and look for move to 78.25 on weakness. If buyers appear at 78.25 and will not drop then I will go long.

940 got back in as I saw selling increase under 82 added as price moved in my direction with stop at 82 added again at hold under 81 after retest and no real vwap bounce buying
Added again as we looked like we would break 80 with heavy selling
Added again on retracement as price held below 81 and sellers came in
Finally, sellers came in and pushed the price back down below 80 with pace
Market was selling off the whole time which made me comfortable
Covered most on bounce of 79 not great job
I wanted to go long as I noticed a ton of shares traded at 78.85 but missed my entry

REPORT CARD

Did you formulate and or follow a set game plan?
I altered an earlier game plan i did not take this exact situation into consideration

Did you practice patients in buying close to support and selling close to resistance?
Yes i waited for retracement after initial big drop.