MSFT Trade on Dec 16, 2020 09:31 from spyrosz: Tradervue User Stock Trades.

On main watch for the breakout of $216.5 2-month significant resistance level and the push to $220s.

Premarket plan was to get "long" only if it cleared and held above R1=$215.5, and then add main size thru R2=$216.5. R3=$217.8s and then blue skies up to R4=$221s.

Opened below R1=$215.5 and chopped around for the 1st 15mins, but managed to hold prices really well showing relative strength vs overall market that was selling-off at the time. That gave me confidence that today might be the breakout day and

I got long Tier 0, risking $214.4s=premarket support pivot, expecting the break thru R1=$215.5 to add more.

(-) Missed that add.

Exploded thru R1 on nice increasing volume, and pushed to R2=$216.5. Sold small in-front of the resistance level, and sat tight to watch price in order to add main size.

Bull-flag right below R2, and once it resolved it,

added Tier I size, risking bottom of pullback $215.75s, expecting push to R3=$217.7, and then a retest/pullback/backtest of R2 in order to reload back shares.

Sold a lot in-front of R3=$217.7, put bids $216.5-216.7s thinking it would make a pullback lower and give a chance to reload. Never happenned. Broke R3 and pushed higher. Trimmed size on the way up towards $220. Reached target w/o providing any opportunity to add back in a calculated way.

By the end of day I had so small size that didn't make any sense to hold it as swing, so I closed.

(+) Nice intraday trade, legit executions.
(-) Very nice Day I daily break-out. I should have taken care and be careful on why I was exiting size. Should have left size for a swing.