JKS Trade on Nov 6, 2020 10:03 from spyrosz: Tradervue User Stock Trades.

2/2 on this name (after the 10/21 "Blow-off top" trade that I botched, leaving so much on the table...), and this time I was way more patient.

Big green candle yesterday, and today it was gapping higher premarket, about to open close to R1=major resistance level=$82. S1=$75, S2=yesterday's resistance pivot=$71.5, and then open space down to S3=$63.5.

I was expecting a pop towards R1=$82 at the open, clear/obvious rejection there, break and hold below VWAP, and then slowly find its way to lower prices.
And that's what happenned.

Opened strong and rallied to R1=$82, got rejected and rolled over back to S1=$75. All attempts to reclaim VWAP failed,

Got short Tier 0 FOMOing in at bad prices in-front of support S1=$75, as it looked weak and ready to break lower, risking the lower high at $79. Added when VWAP held it down, added more when VWAP held it down again, tightening stop to $78, added momo tier when it was breaking through S1=$75, thinking S2=$71 at a minimum.

-$8 flush in 15mins, took covers on the way to S3=$63.5, closed it when it took out LOD=$65 but quickly reclaimed it.