UPS Trade on Jul 24, 2019 12:03 from Cklamb: Tradervue User Stock Trades.

Intraday Fundamentals
United Parcel Service UPS reported second quarter earnings of $1.96 per share, which beat the analyst consensus estimate of $1.92 by 2.08%. This is a 1.03% increase over earnings of $1.94 per share from the same period last year.
The company reported quarterly sales of $18.048 billion, which beat the analyst consensus estimate of $17.96 billion by 0.49%. This is a 3.39% increase over sales of $17.456 billion the same period last year.
The company reaffirmed 2019 adjusted EPS guidance of $7.45-7.75 versus a $7.45 estimate.
UPS shares were trading up 2.59% at $108 during Wednesday’s pre-market session. The stock has a 52-week high of $125.09 and a 52-week low of $89.89.
Technicals
ADV 3.17Mill RVOL 1.05 ATR 1.21 BETA 1.21 Short 1.79% INST Own 70.7%

Hourly

Intraday

Reading the tape
The sellers where stepping down slowly as this approached VWAP. It broke pretty quickly with a couple 2k plus offers flushing this down to the lower.50s and then slowed as it tried to break through. .46, .47, .48 held long enough for me to think this was lined for about 10 cents of risk based on a couple wicks and body in the from earlier during the consolidation after the break of 113 at the open.
Trade Management

I took the risk when I saw it. I had a good plan. Limited risk. Moved the stop to BE at the quick move to 2 to 1 setting it up for a free trade@Hold
Prefect!!!
Aspect Score Poss. Notes
Preparation 9 10 I have been working on looking for these later day test of VWAP
Hard Work 9 10 Yes.. I followed the tape as it looked to set up for a dip and retake
Patience 9 10 Yes
Plan 9 10 Yes, for a quick find and setup a good plan for the trade
Discipline 9 10 Yes
Contribution NA 10

Replay 0 10

ONE GOOD TRADE BABY!
I am one for ten here though!