LAZR Trade on Dec 16, 2020 09:30 from Runner73: Tradervue User Stock Trades.

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Runner73

 

1)
In PM I realized the heavy selling from $26, $25 was a good PM level, by the plan if stock losing this level on the open
I short it, stock oppened at $25.25 drops heavy to $25 level, lost it to $24.76, retraced to 97 cents and I jumped in, covered at 40 cent level

2)
Stock squeezed to $25.50(also PM level), was for few seconds in range of 50-31 cents(I got in when stock dropped from 50 to 31 but the right entry was
at 28 cents when stock lost the range) The right cover was when stock jumped back above 31 cents area and showed me that it doesn't wanna lose that
area instead I covered it when it broke above 50 area

3)Stock went to $26 area, to that area of heavy selling from PM so I waited and watched what happens, stock was in a range $26 and $25.80- when stock
lost 80 cents I got in, I wanted to add when it breaks below 50 cent, it broke but it broke so hard that I hit 35 bid, so my average is 56 cents right now
in case we back above 50 cents I'll cover half, but we don't

I covered half around $25 because tape is slowed down a bit and we had a 22K BID at $25, it is not as huge to scare you but stock bounced off this level
few time so I decided to cover half, when stock dropped back to that $25 level that guy with 22K wasn't there. Covered the last piece when stock dropped
to 60 cents and stopped, sort of stuck at that price

4)
Very bad entry price, stock retraced to $25, dropped to 80 - traded it that range, lost 80 cents I threw bid at 78 didn't got filled, stock dropped
to 70 cents and stopped, for some reason I hit 70 bid, (it was a good trade in case 70 bid drops but its not) short at 78 cents was planned with 100 shares,
at 70 cents I took half pos because I'm risking $25(at least was a good Risk Management), got out above $25-got what I deserved.

5)
So stock came to $25 level, 17K offer was taken, it spikes up to 10 cents and immediately dropped to 85 cents, it was in a range of 80 and 90 cents,
80 cents dropped I hit the bid, if you look at the chart in was also wedging, and if you look from another perspective it was in a range of $24.70-$25 for half a hour
with a few spikes above $25, the best confirmation will be if stock breaking below 70 cents
$24.40 was a level, I was planning do not cover at that level, was playing the bigger game but when stock came to that level, it dropped few cents below
and stopped, tape slowed down, no bounce no further violent continuetion so I covered half
37K bid at $24 was cleared pretty easily covered when it stopped

5)
Stock back to $24.70 area, made a tripple top below that level, but more important thing it stuck in a range of 50-70 cents, 50 cents dropped-I hit it,
covered half below 20 cents, stock was holding that area before, the last piece covered at break even


Execution detail:

Date/time Symbol Side Price Position
2020-12-16 09:30:51 LAZR sell $24.980 short
2020-12-16 09:31:51 LAZR buy $24.340 0
2020-12-16 09:34:07 LAZR sell $25.350 short
2020-12-16 09:35:19 LAZR buy $25.640 0
2020-12-16 09:37:36 LAZR sell $25.780 short
2020-12-16 09:39:29 LAZR sell $25.350 short
2020-12-16 09:44:29 LAZR buy $25.050 short
2020-12-16 09:47:08 LAZR buy $24.620 0
2020-12-16 09:55:00 LAZR sell $24.710 short
2020-12-16 09:56:39 LAZR buy $25.080 0
2020-12-16 10:11:38 LAZR sell $24.790 short
2020-12-16 10:18:44 LAZR buy $24.380 short
2020-12-16 10:22:48 LAZR buy $23.900 0
2020-12-16 10:56:59 LAZR sell $24.490 short
2020-12-16 10:58:43 LAZR buy $24.120 short
2020-12-16 11:31:12 LAZR buy $24.490 0


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