WORK Trade on Sep 1, 2020 09:49 from Cklamb: Tradervue User Stock Trades.

WORK
Intraday Fundamentals
• ZM sympathy trade on stellar earning
Technicals
ADV 18.93M RVOL .81 ATR 1.21 Beta Short 13.69% Inst Own 85.4%
Daily Chart

Hourly Chart

Intra Chart

Trading Strategy
• Short 36.. this will follow ZM for the most part today… so, if this moves through the level with strength give it some time and stop into a short looking 34.50
• Solid low risk long at 33. and S@
• S1 at 34.25..if this flushes between 34.25 and 33 start looking long if it retakes 34.25 looking for something just short of the HoD

Trade Notes

This gave me a bit of a confluence with the SMA, VWAP and defined tight risk. I only about fifteen cents on this trade and limited in on plan. It gave me a way to take the risk off and hold for a bigger move, I found myself in consolidation. I am not handling these phases very well. I ended holding for a while and then giving up as it would not break 34. This is a good way to get the nerves settled early. There needs to be some adjustment to the way I handle the last bit though.