DIS Trade on Dec 14, 2020 10:17 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DIS
Intraday Fundamentals
• Second day play on sub growth
• ATH high closed the upper
• BMO Capital DG
Technical Stats
ADV 10.95m RVOL 9.00 ATR 5.48 Short 1.11% Inst Own 65.7%

Trading Plan
• Long 170 stopping 169.50 and looking long again at 168
• Wait for a flush and work from the opening low or high
• VWAP tests
• Break up long over 176
Reading the Tape
The were times the tape gave me some indication that I was about to get a bounce that I could sell into.
Trade Management
image
Trade Notes
A solid VWAP long that I managed to catch on the spike under 175.
I would start a based on this holding the PM Low after such a strong move to the upside. This would leave me working in and out of this thing a few times. I would take a break from the screen that led me to missing the run back into the PM low that I had been working for a solid set up and a highly profitbale trade. I have been telling myself that if something is working and I am trying to wait it out. I need to limit at the target. This would prevent me missing the target like I did here. I would come back to find that I was in situation where I had to add again to get this back into a workable range before I was able to get out for a minor profit.


Execution detail:

Date/time Symbol Side Price Position
2020-12-14 10:17:40 DIS buy $174.735 long
2020-12-14 10:18:07 DIS sell $174.900 0


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