SNAP Trade on Nov 12, 2020 09:31 from spyrosz: Tradervue User Stock Trades.

On radar for a lift-off from base S1=daily support level=20SMA@daily=$39.

Opened strong, took out R1=premarket high=$39.5,

got long filler size, risking S1=daily support level=20SMA@daily=$39, expecting the rally to R2=$41 at a minimum.

(-) Where are the adds here when a) stayed/held above R1 showing commitment? b) resolved the bull flag above R1 to the upside, breaking higher? c) quick mini-flush back to R1 that got immediately bought up?

Three opportunities to get size in a calculated way, almost +$2 move (+5.3%) and I had filler size to manage. Tragic:/

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-12 09:31:47	SNAP	buy	$39.620	long
2020-11-12 09:38:48	SNAP	sell	$40.050	long
2020-11-12 09:57:53	SNAP	sell	$40.690	long
2020-11-12 10:08:25	SNAP	sell	$40.870	long
2020-11-12 10:09:41	SNAP	sell	$40.730	long
2020-11-12 11:25:08	SNAP	sell	$41.640	long
2020-11-12 13:21:34	SNAP	buy	$40.950	long
2020-11-12 13:59:21	SNAP	sell	$40.440	long
2020-11-12 13:59:21	SNAP	sell	$40.440	long
2020-11-12 13:59:21	SNAP	sell	$40.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SNAP&trade=21220657&end=20201212&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SNAP&trade=21220657&end=20201112160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SNAP&trade=21220657&end=20201112145921&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SNAP Trade on Nov 12, 2020 09:31 from spyrosz: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax