ADBE Trade on Dec 16, 2019 09:41 from kerobo0000: Tradervue User Stock Trades.

Daily Report Card
-morning prep: A
-market prep: A
-stock prep: A
-level of focus: B (found it difficult to focus in on tape)

Rationale:
-ADBE reported overall positive Q$ earnings on Friday (prior session), but Q1 and full year guidance not overly positive (in-line/slightly lower)
-several analysts reiterated and boosted PT

Trade Strategy:
-get long against earnings A/H hih (317) or day 1 resistance (321)

How much risk should/did I take?
-227; 2% of NLV

Recap / Trade Management:
-price quickly broke thru PMH (320.25), day 1 resistance (321.14) and Y-high (321.73) and didn't not provide a pullback to any of those levels for optimal entry
-seemed inadvisable for me to enter as price broke PMH given how wide opt spreads were; needed a pull back so I didn't end up overpaying for the opt premium given the spread
-price began to trade sideways after strong 5-6 min open and I began to see price 323 hold a bid on the tape
-as price pulled back to make a higher low at 9:57, I got shaken out (think this was due trading my P&L; also had one lot so I was unable to lock in risk to make me comfortable holding for continued upside)
-SPY & XLK supportive of upmove (SPY was beginning to hold above PMH at time of this trade)

What did I do well?
-staying focused and find a good entry based on the tape after price blew thru levels
-not getting shook out after price pulled back slightly below my entry (noticed bids stepping right back up, which gave me confidence to hold)

How could I have traded this better?
-stayed in the trade given chart pattern was intact (price pulled back to make a higher low and I sold to preserve gains)

What did the tape look like during the most important moments intraday?
-sort of grinding higher; don't remember seeing much size on the bid

Where could I have been responsibly bigger?
-not really, do good entries based off tape/levels of interest

Gain/loss relative to expected gain/loss:
-net gain of $12; below expectation based on the move that occured