WORK Trade on Sep 2, 2020 09:52 from Cklamb: Tradervue User Stock Trades.

WORK
Intraday Fundamentals
• ZM sympathy trade on stellar earning
• Second Day Play.. closed mid range.. testing yesterday PM high on the early read
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
• Look for a long at 34.25 stopping at 33.50 unless it gives tighter risk with a quick flush of that level
• Short off 36 looking for 35.50
• VWAP tests on the side of the momentum coming in
Reading the Tape

Trade Management

Trade Notes
I had a long planned at 34.20. I was willing to take this at 34 even though the level I thought would hold fell so quickly. I justified this by not figuring it was close enough. I put the stop under a PD swing low and added just above where it was going to stop me out. That made this worse than it needed to be. This was bad decision all around to try and hit this against that type of momentum.
There was a distinct change in the tape here at 33.35. I honestly missed it. This worked well though and would have given me back the entire previous loss. I really do not think I can define a rule set for this type of entry. But, I needed to obey some kind of exit strategy when it began to work.
This trade worked quickly. I was taking about 16 cents initially ending with about 6 when this filled on the spike. I was able to scale out with the idea that I could the rest looking for something under .50 and closer the LoD.