DIS Trade on Nov 13, 2020 09:47 from Cklamb: Tradervue User Stock Trades.

DIS
Intraday Fundamentals
• Shares of Walt Disney Co. advanced 5.5% to $143 in after-hours trading after the company reported higher fiscal fourth-quarter revenue and a smaller adjusted loss than analysts expected.
• Disney also said that at the end of the quarter it had 73.7 million paid Disney+ subscribers. That compares to 57.5 million subscribers for the streaming service at the end of the third quarter.
• Disney reported an adjusted loss of 20 cents a share for the fourth quarter and revenue of $14.71 billion . According to FactSet, analysts were expecting an adjusted loss of 71 cents a share and revenue of $14.15 billion .
Technical Stats
ADV 9.28 RVOL 1.39 ATR 4.66 Beta 1.06 Short .87% Inst Own 65.4

Trading Strategy
• S2 long at 138
• A short term scalp if this test 144 or and HoD short if this stays above 143 and flattens after the first 30
• Opening range break play, scalp the initial play a second break for something longer
Reading the tape
This had held .60 and then .65. I did catch a large bid at .61 briefly.
Trade Management
A tape read hack. I was paying attention to a level that I had under 138. I wathced this stall above .50 and hesitated a bit getting. I did not have confidence in the run to 138 and took it off after it covered my purposed risk.