UPS Trade on Apr 29, 2020 09:55 from Cklamb: Tradervue User Stock Trades.

UPS
Intraday Fundamentals
• Second Day Play,
• Close LoD suggesting day two follow through
Technicals
ADV 5.95 RVOL 1.76 ATR 4.21 BETA .92 Short 1.83% Inst Own 71.4%

Daily

Hourly

Intra

Trading Strategy
• Short this off 98 if is shows some of the same struggles at this level that it di yesterday
• Long a 98 if it test 98.25 and comes back to hold 98 with some solid basing action
• Possible flush longs at 97 and 96.50 at the open
Reading the Tape
Trade Management
Trade Notes
• I had the right plan. I took the opening trade at the wrong time and it pus me off for the rest of the morning as I pushed and got bigger while I was doing so. It was a bit of a disaster really. However, I did stay within my stated daily limit and set up my last trade to make sure that if it did not work that I was within that. In the future, walking away before taking on the last trade and reviewing the game plan. I did not have support levels where the stick that I traded eventually found a bottom. But, I should not have been looking to bottom fish it anyway. I still have not done the review. I am going to focus on the positives of walking away, sticking to a 2 for 1 game plan on every trade and being a bit bigger. It will be very rare that I take a set of 4 losers in a row like that. I would also point in here that I do think I was overcaffeinated trading the morning yesterday. I am going to refocus on the caffeine intake again.