NOW Trade on Nov 26, 2019 15:22 from tradelikelarry: Tradervue User Stock Trades.

Gravatar

Shared by
tradelikelarry

 

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 78m / 2h
- Earnings Date: 1/22-

Reason For Entry:
- Playing the 78m / 2h chart. NOW is in a pattern of consolidation below recent highs. The TTM Squeeze has shifted momentum. Entered the trade at the buy zone for a (1/5) size position. This is a small day trade. Valid setup.
Reason For Exit:
- NOW looked weak in the first hour of the open and closed the trade as price dropped below the stop out zone.

Recap:
- Nice entry in the buy zone and the trade was valid with a setup and TTM Squeeze gaining momentum. Exit the trade as price fell below the stop zone (tomorrow is a holiday so I was planning on exiting this trade by the eod).
image


Execution detail:

Date/time Symbol Side Price Position
2019-11-26 15:22:57 29 NOV 19 280 CALL buy $1.700 long
2019-11-27 09:53:09 29 NOV 19 280 CALL sell $0.7500 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in