SNAP Trade on May 29, 2020 09:32 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Yesterday managed to close just in-front of major resistance level $18.25.
Premarket was consolidating above that level.

Plan as follows:
a) BULLISH as long as it trades/holds above S2=$18 (major level from previous day).
b) (P) Strength+Consolidation-->Breakout
c) (S) Bullish Bias - Holding Support at S2=$18
Expected either a flush to S2=$18 at open, or hold above S1=$18.25 (yesterday's close/major daily level) and a rally to next resistance R1=$18.8.

Got long filler size after it held above S1=$18.25 at open, risking below S2.

It was looking good, and I thought of adding as it started pushing higher, but suddenly flushed 30c, broke below S2=$18, and stopped me out.
Then, immediatelly bounced and reclaimed S1=$18.25 again.

Got long Tier 0, added Tier I when it tested and held above S1, risking LOD, expecting the break of HOD=premarket high=$18.4 and a push to R1=$18.8

Profits on the way to R1, all-out by hotkey mistake.

Tried a "Price Discovery" trade later, as the seller at $18.8 seemed to go away, very nice 15/30min charts (Indy long).
Didn't work and stopped out quickly.
image


Execution detail:

Date/time Symbol Side Price Position
2020-05-29 09:32:38 SNAP buy $18.320 long
2020-05-29 09:34:38 SNAP sell $17.934 0
2020-05-29 09:38:11 SNAP buy $18.290 long
2020-05-29 09:38:15 SNAP buy $18.310 long
2020-05-29 09:42:25 SNAP buy $18.300 long
2020-05-29 09:44:27 SNAP buy $18.360 long
2020-05-29 09:46:48 SNAP sell $18.470 long
2020-05-29 09:47:36 SNAP sell $18.540 long
2020-05-29 09:58:04 SNAP sell $18.655 long
2020-05-29 10:00:14 SNAP sell $18.740 long
2020-05-29 10:09:17 SNAP sell $18.770 long
2020-05-29 10:20:37 SNAP sell $18.775 long
2020-05-29 10:37:03 SNAP sell $18.750 0
2020-05-29 11:53:19 SNAP buy $18.810 long
2020-05-29 12:35:28 SNAP sell $18.750 0


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