Shared by
Cklamb
PINS
Intraday Fundamentals
DB target upgrade to 55 (weak)
Technicals
ADV 16.31RVOL .69ATR 2Inst Own 70.60%Short 3.55%
Daily Chart
Hourly Chart
Intra Chart
Trading Strategy
Long 43.50 ish?
Break of ATH?
Reading the Tape
There was a cluster of bid in the upper 44.80 area and took this trade as it bounced over 45.
Trade Management
Trade Notes
I was unsure as to how to play this out of the gate this morning. I do feel like this is trending to make a few new ATHs. However, I did not that has not seemed to hold new highs after they were put in. I took the first partial as it came up on the HoD. I did miss the opportunity to ass back in as it flushed back into the bidders expecting them to still be there. I took it off on the break of .50 getting just above a 2 to 1.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-12 09:47:57 | PINS | buy | $45.045 | long |
| 2020-10-12 10:00:19 | PINS | sell | $45.224 | long |
| 2020-10-12 10:07:23 | PINS | sell | $45.470 | 0 |
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