TEAM Trade on Mar 30, 2020 16:33 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- 1h Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 1h
- Earnings Date: 4/23-

Reason For Entry:
- Playing the 1h chart. TEAM is in a pattern of consolidation below recent highs. It is in a TTM squeeze on the 1h chart. Entered the trade between the 21ema and the lower BB (half position) (price closed weak so doesn’t look like I will add to trade tomm if price drops even more). . Currently risking a little over 0.5% of portfolio.
- Added to trade at the lower BB. (Full position was slightly over 1% of portfolio)
Reason For Exit:
- TTM fired short. Trend broken. Closed trade for a loss (1% of portfolio)

Recap:
- Nice first entry. Should not have added to my trade as price broke the 21ema support and approached the lower BB. By adding to my position I added more exposure, good thing it was only 1% of my portfolio with the add. TTM fired short and trend was confirmed broken. In the future I will only add to position if the trend is still valid regardless if the TTM is still in a squeeze.