AMD Trade on May 6, 2019 10:35 from FrankDumaresq: Tradervue User Stock Trades.

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FrankDumaresq

 

AMD traded into pre-market highs with a very weak bid. Volume was dying and I was confident we wouldn't be able to break the range.

The consolidation LOOKED bullish, but the tape was telling a different story. The L2 would have abnormal orders go through with bearish reactions to it. This led me to believe we were distributing.

After getting short, I covered some into the 5m 21 ema. I re-shorted the move up, covered the move back down. Once AMD couldn't hold its 5m 21 ema (closed below on 5m), I fought for my entry and added short. I covered half into VWAP and closed the rest once we reclaimed VWAP.


Execution detail:

Date/time Symbol Side Price Position
2019-05-06 10:35:07 AMD sell $27.390 short
2019-05-06 10:47:34 AMD buy $27.200 short
2019-05-06 10:54:00 AMD sell $27.390 short
2019-05-06 11:06:02 AMD buy $27.220 short
2019-05-06 12:16:53 AMD sell $27.260 short
2019-05-06 12:24:25 AMD buy $27.130 short
2019-05-06 12:39:44 AMD sell $27.220 short
2019-05-06 12:44:41 AMD buy $27.220 0


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