XOM Trade on Jul 7, 2020 09:33 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Weak daily chart, looking ready to break the base/consolidation in-front of S1=$43.5 and move lower. Daily window/gap-fill at $43-43.5. If momentum pick up, it could see $42s..

Opened below S1/R1=$43.5, rejected the lvl at the open and moved lower.

Got short Tier 0, risking above S1/R1 $44.05, expecting the sell-off to S2=$43.5, an initial bounce higher and a Desc. Triangle pattern before the next leg lower towards S3=gap-fill=$43.
Didn't like my fills at all, so I got out quickly, only to re-enter at better prices closer to stop.

Covered 75% in-front of S2=$43.5, held rest with original stop.
Funny thing how I was stopped out right at the peak ($44!!) before the sell-off to S3.
Can't win them all!!

image


Execution detail:

Date/time Symbol Side Price Position
2020-07-07 09:33:13 XOM sell $43.752 short
2020-07-07 09:37:42 XOM sell $43.670 short
2020-07-07 09:42:12 XOM buy $43.860 short
2020-07-07 09:42:12 XOM buy $43.860 short
2020-07-07 09:42:27 XOM sell $43.852 short
2020-07-07 10:45:07 XOM buy $43.560 short
2020-07-07 13:57:00 XOM buy $44.000 short
2020-07-07 13:57:00 XOM buy $43.995 0


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