DISCA Trade on Dec 25, 2019 09:32 from JosephBP1: Tradervue User Stock Trades.

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Shared by
JosephBP1

 

Entry: 32.50
Stop: 31.49
Target: 39+
Risk: 1 Dollar

Before Trade
DISCA has a really big level at 33.50 dating back to 2015. On the monthly chart it's on it's 4th retest, on the weekly chart it's prior week was an inside week and it looks like a bull flag on the daily chart (Time frame continuity)

My plan is to buy through the highs of the inside week / the top of the bull flag on the daily chart and put my stop at the low of the bull flag (Under support)

During Trade

So far it seems to be working slowly, it's moved up to test that huge monthly level at 33.50, haven't sold any because I want to let it work and get good risk:reward. I upped my stop to break even (32.49)

After Trade


Execution detail:

Date/time Symbol Side Price Position
2019-12-25 09:32:15 DISCA buy $32.510 long
2019-12-31 09:36:00 DISCA sell $32.490 0


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