EBAY Trade on Jul 29, 2020 15:16 from aceknuckles: Tradervue User Stock Trades.

Ticker: EBAY
Date: 7/29/20
Size: 10
Amount of Trades: 1
Closed P&L: $-8.95

(as of 7/29/20)
RVol: 1.27
AVol: 11.8M
ATR: 1.8
Float: 664.36M
Short Float: 2.55%
Beta: 1.55
52 Week Range: $26.02 - 61.06
Sector/Industry: Consumer Cyclical/Internet Retail

EBAY is a name I've been interested in for some time. Barclays maintains eBay with a Overweight and raises the price target from $77 to $82. $54.91 was an intraday level and an inflection point for the day. VWAP was $54.8 at the time so I thought buying below the level may help my cost average a bit. Price did a good job holding VWAP throughout the day so I felt relatively confident pulling the trigger. Price bounce off the level but shortly sold off towards 54.36 support. That became (or was always) true intra-day support. The next day, price opened below my stop like it did a few times before. This time I left my stop alone. I eventually got stopped out a few days later at 53.98.

The better trade was clearly at 54.36. 54.9 was an intraday level but 54.36 was a daily gap level. The daily level will always weigh more than the intraday.