ABBV Trade on Feb 7, 2020 09:45 from mkingsbury: Tradervue User Stock Trades.

$ABBV - Beat EPS, beat revenue, guidance neutral
ATR: 1.68, only moved 1.5ATRs
Notes: Daily good, PM strong, news decent
Plan: Watch at open, possibly ORB / ABCD

Pretty good earnings, nothing incredible. The daily was also gapping up into a nice spot, nothing too over extended. Did see the stock until about 935, but the open seemed to be a battle to stay above VWAP which worked out, then we gained some volume and strength to the upside and broke over the PM high and created a good 3bar play on the 5m as well as a retest lower and hold on the 1m. It had test PM high, VWAP and a previous daily resistance I had marked.

After that not too much to the trade, we didn't test lower much and just grinded up to 91.9 where I took my first partial, about 30% of my shares. We then broker higher above 92 and immediately got rejected and started pulling back, at this point I think I should've taken maybe 20% more off and kept 50% of my shares on, simply because we were due for a decent pullback. I was a bit stubborn and then set a poor stop which stopped me out. Should exited under 91, which was original plan but I didn't want to risk more open PnL.

Next time going to respect my stop, either way it was in the money.

End result, +1R, risked .5R.