a) getting bought at S1=$213s,
b) getting sold at R1=$215.5s, R2=major daily resistance level=$216.5.
Opened weak, sold-off to S1=$213, hard bounce at S1 breaking thru VWAP and testing yesterday's close=$214.3s. Very low-risk "long" entry opportunity,
got long filler once I saw the quick reaction higher from S1, risking LOD=$212.8s. Added Tier 0 after it confirmed the "Double Bottom" at S1, reclaiming VWAP and holding above, anticipating the break of yesterday's close, and test of R1=$215.5 at a minimum.
Sold 1/4 at the extention and break above R2=$216.5. I would love a pullback to R1=$215.5 to reload back, but remained strong.
Held 3/4 as swing, target $217.5-219 zone.
Stopped out from swing at b/e.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-08 10:01:02 | MSFT | buy | $213.550 | long |
2020-12-08 10:34:15 | MSFT | buy | $214.270 | long |
2020-12-08 12:00:52 | MSFT | sell | $216.190 | long |
2020-12-08 13:47:52 | MSFT | sell | $216.720 | long |
2020-12-09 09:31:58 | MSFT | sell | $214.434 | 0 |
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