SBUX Trade on Jul 26, 2019 09:36 from MarcoG: Tradervue User Stock Trades.

Trade Scenario
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SBUX with earnings today didn't betray expectancy setting a nice bull flag in pm. Price failed the vwap test just few minutes prior the open and at the open as well. Consolidated below VWAP and pulled back just to retest VWAP.
The stock was at all time high and close to 100 psychological level, I consider it as a magnet point for the stock today.

Trade Variables
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Symbol : SBUX
Gap : 5.6%
RVOL : 3
pmVOL : >500K
avg Vol: 7.685M
Float: 1.17B
Short Float: 1.85%
pmPATTERN :Bull Flag / Sideways consolidation / bounce at the bottom to test VWAP just prio the open
Catalyst : ER .Surprise 0.42 (60.42%) and earnings 1.12 against a 0.70 estimation.

Technical Levels
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Support: 96 / 93.17
Resistance: 97.50 / 98
Inflection: 97sh

Trade Plan
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Set-up : 5min ORB
Side : Short
Size : 40
Entry : 95.6
Takes :
Exit : 95.99

Comments:
I have shorted the fade below VWAP. The stock was at all time high area and seeing a little consolidation below VWAP let me think that the stock was already exhausted, but as I wrote yesterday in relation to all time high should be kept in consideration. The spike occurs specially when the stock releases nice earning results thus I had just to be patience. I did a mistake cause I have anticipated the move way too early, indeed price just reversed against me. Good lesson for me, I needed just few minutes more and I would not have shorted it. Risk at 15$ to build up my position!
Another remark is on what I have missed at the open that is TWTR and GT. I have hesitated and missed a good price thus I didn't chase. After the open TWTR gave a nice opportunity for an up-trend continuation but I didn't feel comfortable to enter and it is a mistake to have such personal considerations on the stock. Good lesson here for me today