HOG Trade on Oct 27, 2020 11:33 from spyrosz: Tradervue User Stock Trades.

Don't need this sh@t in my life.

Earnings Release:
* EPS & rev. beat, rev. -10% Y/Y
* gross margin above consensus
* Retail sales -8% globally, -10% in US
* 14% short float, 10.4 Days to Cover!! HUGE

Very strong premarket action on earnings release, it was gapping higher, right in-front of R1= MAJOR LONG-TERM DESC. RESISTANCE LINE =$32.2.

Premarket plan was to get "long" if it managed to clear and hold above R1=$32.2, for the squeeze to R2=$34, ideally R3=$37.
Problem was the earnings #s. Were earnings so good?? I didn't think so.

When trade triggered, I hesitated to enter and...HOG took off very quickly.

Saw it again at R3=$47, being way over-extended on the larger timeframes (>15min charts) with sellers trying to hold it down.

Got short filler after the 2nd failed attempt to clear R3=$47, risking tight stop above HOD=$47.2, sitting tight and waiting for more confirmation to add.

Not the typical "Technical Reversal" pattern, w/o a 15min reversal bar in, so I stayed put.
I added only when it failed to clear R3 for a 3rd time and EMAs@1min chart finally crossed, targeting VWAP.

Trade worked very quickly with HOG moving away from R3, but never made it back to VWAP. Found a bid above $36 where my 1st bids were, and made a hard bounce back to R3.

No need for such bullsh@t on Day I with 15% short float and 10 DtC.
Stopped out at b/e and never looked back.