ROKU Trade on Nov 25, 2019 11:43 from tradelikelarry: Tradervue User Stock Trades.

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tradelikelarry

 

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 78m and 2h
- Earnings Date: 2/5-

Reason For Entry:
- Playing the 78m chart / 2h chart. Day Trade. ROKU is in a nice uptrend/consolidation below recent highs. It is honoring the 21ema and entered the trade just below the 8ema and over the 21ema. Small position (1/4 size)
- Added 1 contract to position as price retraced to the buy zone (8ema).
Reason For Exit:
- Out 1 contract at the 78.6% resistance level. (fat fingered this one as I planned to close 2 contracts).
- Out 2 contracts at the new high resistance level.

Recap:
- Nice entry and added to my position at the buy zone. Exited the position in 2 transactions at the 78.6% resistance level and the new high resistance level. Nice day trade.
image


Execution detail:

Date/time Symbol Side Price Position
2019-11-25 11:43:54 29 NOV 19 165 CALL buy $1.530 long
2019-11-26 09:56:37 29 NOV 19 165 CALL buy $1.000 long
2019-11-26 10:37:05 29 NOV 19 165 CALL sell $1.550 long
2019-11-26 10:50:44 29 NOV 19 165 CALL sell $1.750 0


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