PINS Trade on Oct 28, 2020 09:32 from Cklamb: Tradervue User Stock Trades.

PINS
Intraday Fundamentals
• Recent run-up to ATH
• Earning are PM, markets are down, expect a sell the news event
Technical Stats
ADV 17.61m RVOL 1.02 ATR 2.50 Short 4.45% Inst Own 72.7%
Daily

• Still showing the gap from last week, with earnings today
Hourly

• 47.50 may act as the 50% gap fill and 52 is starting to look like resistance
• 50 has acted strong after the gap up
Intra
Trading Strategy
• Short 50.50 on a retest,
• Short 52 with a spike into it, changing tape at the open
• Long 49 for a test of 50
• VWPA test at the open
Reading the Tape
I did catch some failure on the tape on this early as the market opened and again as this stalled under 50.50. I would also see the quick flush of 48.60 and a stall on the tape between 48.70-.77 before it started holding 48.80
Trade Management

Trade Notes

A solid VWAP short out of the gate. I had issues with delayed order executions on this which left me with a crapshoot on how this exited. I was anxious to get out when I was unable to take half off when it gave me almost 40 cents the first time. I was a little lucky that after trading against that this let me out at 50 cents instead.