QCOM Trade on Dec 11, 2020 10:49 from Cklamb: Tradervue User Stock Trades.

QCOM
Intraday Fundamentals
• Apple To Ditch Qualcomm For In-House Modem Chip
Technical Stats

Trading Plan
• If 146 breaks to the down side, look for this to slow above 144 for a bounce back into 150
• Short the gap fill at 153 ish and a tape read
• Possible VWAP opening long scalp if this break the PM high and pulls back ( limit small on this )
Reading the Tape
I did not get any kind of confirmation on the tape on the first trade. The second trade I was able to watch 143.60 hold for multiple tests on the one minute. I would enter after the second bounce and add on the third before this attempted to retake 144 which failed forcing me out of the runner after clearing most of the risk.
Trade Management

Trade Notes

I had planned on taking this level if it looked as if it may hold. It flushed the level initially as I would have expected. IT found significant strength moving back into and breaking146. I hesitated expecting it to come back in as it did. I held through a test of the SMA and entered as that looked like it would hold. Unfortunately, the next attempt to regain the level failed quickly stopping me out.
I would enter after the second bounce and add on the third before this attempted to retake 144 which failed forcing me out of the runner after clearing most of the risk.