FSLY Trade on Oct 16, 2020 11:11 from spyrosz: Tradervue User Stock Trades.

-30% on Day I (growth name revising guidance below estimates = ouch:/), digesting the gap-down throughout the whole session, and establishing range S1=Day I LOD=$86-86.5, R1=Day I HOD=$95.
Oh boy, I know this setup. The moment it breaks and holds below Day I LOD, that's a 2nd Day play for the big momo move to next support S2=AVWAP from March lows=80!!

Opened weak and flushed from $91 right to S1=Day I LOD=$86 w/o providing any entry opportunities. Tried to break below S1, support held, and FSLY reversed hard to VWAP.
Rejected VWAP hard and rolled over back to S1. Became choppy around S1 for approx. 1.5-hrs, then started to clearly hold below.

Got short filler, risking the high below VWAP $87.5, added momo tiers through the break of LOD=$85.5 risking tight stop above S1=$86, expecting momo to pick up and a sell-off towards $83-84 area.

Had one more squeeze in it, so I got the quick 100% stop and stay put.
Tried to reclaim and hold above S1=$86, but every pop to higher prices towards VWAP was getting hit hard by sellers.

Started getting short again risking above the latest wicks $86.5 and VWAP=$87, and as trade started working out with sellers pressing lower, I added 3 momo tiers to retracements bakc to previous LOD that broke, expecting the momo sell-off lower.

It flushed to $84.3, didn't get filled by 20c. Did a massive $1.5 squeeze out of nowhere during whicj it came all the way to b/e price. I tried to quickly lock some profits.

(-) Major mistake the 100% stop out here for a small gain. Not only I disrespected the proper stop above $86 whicj never got triggered, but I also ruined my cost average. As a result, I had to FOMO in later on for a quick scalp..

Sellers regained control, and pushed it down once again. As it rolled over and flushed to $84, I tried a quick scalp for +$0.5/share profit.