LOW Trade on Nov 18, 2020 11:41 from Leon64: Tradervue User Stock Trades.

Target: $148.50 or lower |
Risk: $350 vs. $150.75

Setup: LOW was being stubborn the whole time prior, but it broke down from an uptrend and formed a 5min bear flag. I was able to get a decent position.

Pros:
1. I had a disciplined exit, but I think I could have kept more profits.

Cons:
1. I saw a quick flash of huge support at 149.50s and it was a pretty clear signal of what was to come. I let it retest and it came back down nicely.
2. Once it double bottomed, I quickly realized that the party was over.
3. I missed the setup after the VWAP retest which worked out nicely.

Note: After a huge trapping move and VWAP retest, it should be safe to play after the big guns leave the game.

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