EXAS Trade on Nov 13, 2020 09:59 from spyrosz: Tradervue User Stock Trades.

Gravatar

Shared by
spyrosz

 

Very tight daily after the explosive Power Earnings Gap Up on 10/27, two-week digestion & range trading, with R1=AVWAP from earnings day=$126.75 holding it down.

Today showed some strength in the morning and inclination to at least test R1=$126.75.
Formed a very clean asc. triangle below $125.3 seller that was trying to hold it down,

got long, risking the asc. trendline, added more closer to the break-out, added momo tier once it took out the seller, thinking it would test R1 at a minimum.

What a failed breakout (RVOL<1.0 all day long maybe it was indicative) and I tried to quickly bail. Couldn't get the offer around $124.8-125 and I took the hard stop at $124.5.

Half Tier-0 loss sounds about right on this one.

image


Execution detail:

Date/time Symbol Side Price Position
2020-11-13 09:59:52 EXAS buy $124.490 long
2020-11-13 10:20:41 EXAS buy $125.470 long
2020-11-13 11:07:43 EXAS buy $124.840 long
2020-11-13 11:37:27 EXAS sell $124.590 long
2020-11-13 11:44:57 EXAS buy $125.060 long
2020-11-13 11:48:01 EXAS buy $125.190 long
2020-11-13 12:01:24 EXAS buy $125.120 long
2020-11-13 12:20:53 EXAS buy $125.400 long
2020-11-13 12:36:06 EXAS sell $124.550 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in