LOW Trade on Dec 9, 2020 09:50 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

LOW
Intraday Fundamentals
• Lowe's Unveils Strategy to Drive Market Share Acceleration at its 2020 Investor Update
o Market seem to like the sentiment and other things highlighted in this note.
Technical Stats
ADV 4.56m RVOL 1.46 ATR 4.09 BETA 1.36 Short .77% Inst Own 79.6%

Trading Plan
• Plan for this after an opening range is set, long bias
• Long 153 if ti flushes there quick
Reading the Tape
NA
Trade Management

image

Trade Notes
This was tough for me to sit through. Once this started working, it worked. This did show support at the bottom end of the early opening which lined up with VWAP. I would ad at the LoD and get a little bigger earlier than I should have. I do believe I could have waited through a true test of the early low giving me a better position. This would have allowed a partial on the test of VWAP. This would have made the third add even more effective. this would have also left me. This was pretty well managed. The initial entry did not give a well defined stop and was not the best setup.


Execution detail:

Date/time Symbol Side Price Position
2020-12-09 09:50:16 LOW buy $158.750 long
2020-12-09 09:52:38 LOW buy $158.220 long
2020-12-09 10:10:57 LOW buy $157.580 long
2020-12-09 10:24:50 LOW sell $157.940 long
2020-12-09 10:27:21 LOW sell $158.425 long
2020-12-09 10:30:41 LOW sell $158.870 0


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