ATVI Trade on May 7, 2020 09:51 from Cklamb: Tradervue User Stock Trades.

ATVI
Statistics
Total gain/loss: $-3138.78 Largest gain: $1455.60 (show)

Average daily gain/loss: $-11.05 Largest loss: $-1383.83 (show)

Average daily volume: 7513 Average per-share gain/loss: $-0.00
Average winning trade: $19.02 Average trade gain/loss: $-1.53
Average losing trade: $-33.85 Trade P&L standard deviation: $76.67
Total number of trades: 2048 Profit factor: 0.88
Number of winning trades: 1250 (61.0%) Average hold time (winning trades): 28 minutes
Number of losing trades: 795 (38.8%) Average hold time (losing trades): 21 minutes
Number of scratch trades: 3 (0.1%) Average hold time (scratch trades): less than a minute
Max consecutive wins: 15 (show)
Max consecutive losses: 10 (show)

Average position MFE: $19.24 Average position MAE: $-24.05

Intraday Fundamentals
• Second day Play set up, gapped up on good earnings
• Closed mid-range after reaching an all time high at the open
• Pulled back to 71 a level that started to after the earnings release Tuesday night
Technicals
ADV 9.21m RVOL 2.38 ATR 2.72 BETA .59 Short 2% Inst Own 92.60%
Daily

Hourly

Intra

Trading Strategy
• Long if it breaks 75 and starts to hold, use the logical stop that presents itself that is deeper .50 and adjust size to hold for a 2 for setup
• This is looking flat out of the gate. If this starts to move higher look for it to run up to 74 stall and test something at or just underneath the prior day high. The look for a pull back and some support at 74. This should set up for a long especially if VWAP moves near this level after a strong move up in the morning.
• If this starts to move lower at the open, I will look for support at 73 and see if it holds for more than a couple of minutes and try to position for a long off of 73
• If this moves lower at the open and does not hold 73 take a light short into 72 and start looking for a long again.
• VWAP tests and SMA test on the 5 minute
Reading the Tape
I am not sure that the tape added to much in here.
Trade Management

Trade Notes
I took this on 7 cents as it spike into 72.20 with some help from the tape and the solid slowing of the tape just above .17. I took half off as it traded just above my target and 72. I pulled the stop into .20 and got tapped out.
I am truly not sure why I did not let the entry candle develop a little more. The SMA was moving higher on the one and Had seen the action at .17 twice and this would be the third attempt to hold VWAP and move above 72.20.
I set up a little late on the first trade. I felt like I had a chance to short closer to 72 and missed it leaving me more risk than I thought I need. it traded in my favor but after it did not flush and brought the stop in as it was looking like .90 was holding and my stop was well below 72.17 a tape that I had watched earlier.
I watched this for a bit. and noticed that it couldn't really trade a much above .44. I entered as it looked like .40 had failed on 15 cents of risk. I decided to take some off at .20 cents and pull the stop to BE hoping to get some more than the two to one set up. It ended up only being a little better as I got 72.07 on the remainder.
I fomoed this long and then did not give it the proper stop.

I set up a little late on the first trade. I felt like I had a chance to short closer to 72 and missed it leaving me more risk than I thought I need. it traded in my favor but after it did not flush and brought the stop in as it was looking like .90 was holding and my stop was well below 72.17 a tape that I had watched earlier.