JPM Trade on Jul 15, 2020 09:47 from spyrosz: Tradervue User Stock Trades.

Second day play after earnings beat...
Day I (earnings) = choppy, flat pretty much

It was gapping higher premarket, above Day I=HOD=$100 on GS earnings beat..
Thought it might flush to S1=Day I HOD=$100, hold above and then reverse higher for a test of R1=YTD AVWAP=$101.5. Above R1, next major daily resistance level at R2=$104.

Opened weak, flushed through S1=$100, put a hammer at 2min chart and reclaimed the lvl.
Got long filler size, risking hammer, expecting the push through VWAP in order to add more size, for the push to R1.

Stopped out.
Papercut loss.

Stays on watchlist for tomorrow.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-15 09:47:16	JPM	buy	$100.160	long
2020-07-15 10:04:05	JPM	sell	$99.420	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=JPM&trade=17500989&end=20200814&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=JPM&trade=17500989&end=20200715160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=JPM&trade=17500989&end=20200715122905&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

JPM Trade on Jul 15, 2020 09:47 from spyrosz: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax