PINS Trade on Oct 5, 2020 09:31 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

PINS
Intraday Fundamentals
• Testing all time highs possible breakout set up
Technicals
ADV 16.61m RVOL .81 ATR 2.10 Inst own 70.15 Short 3.55%
Daily Chart

Hourly Chart

Intra Chart

Trading Strategy
• Long a break of 45 taking off as much as you can and add on pull backs
• Reversal trade at 8 or 830
• Long 44 if it flushes to there in the first couple minutes focus on the tape
Reading the Tape
On both of these trades the tape gave me a strong bounce to get in on.
Trade Management

Trade Notes
This was a nice trade. This was holding the PM Low and confirming on the tape. I did hesitate a bit when it gave bounce a little below 44. This was hard to trigger there and I waited until I started to hold 44 giving me an LoD stop. My fills on the market exits were not all that kind and I missed taking any off above 45 getting a little greedy as I did have enough to take a little more off finally taking the stop at 44.50.
I just needed to be bigger here. It was almost the exact same as the trade prior to this. The other option would have been to work it all the way back into 44.50 and a VWAP test.

image


Execution detail:

Date/time Symbol Side Price Position
2020-10-05 09:31:07 PINS buy $44.148 long
2020-10-05 09:32:45 PINS sell $44.260 long
2020-10-05 09:32:48 PINS sell $44.292 long
2020-10-05 09:33:00 PINS sell $44.699 long
2020-10-05 09:34:33 PINS sell $44.500 0


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