QCOM Trade on Nov 7, 2019 09:32 from arman_smb: Tradervue User Stock Trades.

Stock Selection / Story:
- Beat on eps and rev, raised q1 guidance above estimates.
- Gapping up to 52w high

Trading Plan:
- look for a setup to get long if hold above 89.45 (52w highest close) and today's open (89.83). Trail stop with trend using traditional pivots and whole dollar levels.

Entry:
- Entered on first 1m hold above open price at 9:32.

Exit:
- Exited first 1/4 under $92 big sellers. Then QCOM broke and held above $92, at which point I trailed a stop for 1/2 under $92. That stop hit, but $92 was reclaimed. Placed stop for remainder of position below $92. $92 failed again, stopped out of full position.

Things done well:
- Good job identifying red to green on the open, fighting for entry tightly against 89.83 open price, using correct size (100 shares for $1.50 stop on $150 risk (30% of stop). Good reason2exit for continual failure of 92
- Good job sizing for the correct 30% of daily stop

Things done poorly:
- Should've added a momentum tier on break and hold above $90.