PINS Trade on Nov 9, 2020 09:40 from Cklamb: Tradervue User Stock Trades.

PINS
Intraday Fundamentals
• Rotational out of tech and stay at home plays ???
Technical Stats
ADV 18.73M RVOL .65 ATR 3.53 Short 3% Inst Own 61.7%
Daily
Hourly
Intra
Trading Strategy
• An S2 long would be 58,
• 60 should act as the PM low, if this holds and moves to 62 quickly, consider a short there for a retest of VWAP judge the tape the best you can.
Reading the Tape

Trade Management

This flushed the PM low and I set up to take the short off VWAP and the 60$ pyshcologival level. This worked almost right away. I took the partial at a point and decided to hold the rest at break even looking for this to range with 60 on the top and 58. I feel like this was solid trade even with me giving everything back on the portion to hold.