SHOP Trade on Jun 4, 2020 10:49 from spyrosz: Tradervue User Stock Trades.

Liked the daily very much. Looked like it was putting a Head+Shoulders pattern.
Not on main watch, I had an alert at yesterday's low=$758

Tried to push at the open, failed to break $770 significant resistance, rolled over and flushed below S1=yesterday's low=$758.
Waited patiently for the retracement back to S1,

entered Tier 0, risking $763s, added Tier I after it tested and rejected S1, expecting the momo sell-off to S2=$744.

Trade worked out instantly, covered the whole position at target.

(+) Great executions, easy short.
(-) Didn't keep it on watch, SHOP remained weak+below VWAP, and I missed a great "sell-off into the close" pattern.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-06-04 10:49:59	SHOP	sell	$757.010	short
2020-06-04 10:59:10	SHOP	sell	$756.280	short
2020-06-04 11:13:44	SHOP	buy	$745.550	short
2020-06-04 11:16:51	SHOP	buy	$745.190	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SHOP&trade=15322055&end=20200704&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SHOP&trade=15322055&end=20200604160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SHOP&trade=15322055&end=20200604120651&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SHOP Trade on Jun 4, 2020 10:49 from spyrosz: Tradervue User Stock Trades.

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