BBY Trade on May 18, 2020 09:35 from Cklamb: Tradervue User Stock Trades.

BBY
Intraday Fundamentals
• Analyst upgrade and target raise citing increasing e-commmerce
Technicals
ADV 3.07 m RVOL 1.69 ATR 3.36 BETA 1.05 Short 3.19 Inst Own 82.4%
Daily

Hourly

Intra

Trading Strategy
Reading the Tape
Yes , coming off some early momentum that could not push through 85 on the first attempt that led to the scalp trade.
Trade Notes
This was rare combination of tags. I watched this and I had a small long bias. I just felt I had missed the move. So, as it did not break .90. I felt that it was due for a quick breather before being able to break 85. I took the short late but still managed a one to one after this stalled briefly at .35 ish before resuming the morning trend. This worked this time. I have shorted a few spikes succesfully. But, I did not have preplanned level to work with and this in the AM game plan. So, other than a good tape read, this was a bit more of gamble than a trade.

This was rare combination of tags. I watched this and I had a small long bias. I just felt I had missed the move. So, as it did not break .90. I felt that it was due for a quick breather before being able to break 85. I took the short late but still managed a one to one after this stalled briefly at .35 ish before resuming the morning trend. This worked this time. I have shorted a few spikes succesfully. But, I did not have preplanned level to work with and this in the AM game plan. So, other than a good tape read, this was a bit more of gamble than a trade.