Shared by



Oct 23, 2020 10:49


SMA Support Play Short Term Level as Support

Intraday Fundamentals
• FDA approves Remdesivir
Technical Stats
ADV 9.24 M RVOL 1.46 ATR 1.23 BETA .52 Short 1.5% Inst Own 81.5%

Trading Strategy
Reading the Tape
I took this on the level and did not take a lot of time watching the tape.
Trade Management

I saw this hit a level that should have acted as support. I entered at the SMA. I took the breaking candle as a stop. This gave me 7 cents of risk. I decide to take it off when this could not trade above 62.08. A high on the last local spike.

Execution detail:

Date/time Symbol Side Price Position
2020-10-23 10:49:07 GILD buy $61.800 long
2020-10-23 10:51:25 GILD sell $62.005 0

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in