LI Trade on Jan 4, 2021 10:21 from Runner73: Tradervue User Stock Trades.

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Runner73

 

1) Stock was very strong, we came to the top, I realized that $31.70 area very heavy place, it was an unusual hold on the offer, so many prints went through, I saw the on the .70 cents trying to push stock down, offers were droping to .68 cents, .67 cents, in all of the sudden I see drop to .61 cents, it was a heavy drop, I told myself:it comes back to that .70 and I short it, it came-Igot in-70 offer was cleared- 2)I flipped
SO now I see the same picture at .90 cents, sold half at .89 cebts, didn't like what I saw, I saw the same pressure of .90 cents and got out completely at .84 cents

3)We broke above .90 cents on heavy volume and I got in again at .98 cents, (very bad entry place), we broke about $32 and went higher, it is a bit overextended, I saw some slowwing on the tape, didn't like it - sold it

4) Stock came to $33, made a double top, I saw a selling pressure of .88 cents and stock can't really sustain above .85 cents, .88 cents was pushing stock to .85, .86 cents, in one moment stock lost .80 cents area and now offers can't move above .82 cents, stock dropped to low .60-went back and stopped at .75 cents, I threw the offer at .75 cents and got in, stock gave me a good place to add but I don't like to do that, so I waited for my target, accidantly got out completely below $32 area, hotkey mistake

5) I saw a very good place for short at $32.45 cents, stock was holding that area but now we below, so I waited for a retracement-threw bids at .45 cent, stock came to that area-stopped at .45 cent pushed up to 47-Igot in at .45 only 50 shares, could more but didn't wanna risk more-covered at $32 area because I was going to see my brother so got out

6) I came back and realized that $31.75 a very good place for short, but thing I didn't count that market was selling of the entier day and now maybe finaly catching some bottom and potentially will pull the stock higher, I wanted to add below .50 cents, so got in half lot, also giving to it a bit more room

7)Market do made some bounce but, stock jumped above $32 but I didn't really see bids holding $32, it was constantly losing $32 and rebidding, nobody takes offers, bids always drops so I got in short risking that .12 cents top, I was targeting below $31.50 but stock catch $31.75 area as support and came all the way back to $32, it was jumping around $32 around 8 minutes, bids were constantly above $32.01, a bit scary but I didn't se a buying pressure, and againg market was reclaiming a bid, what I saw that when market ticking down-my stock is running down quickly, when market ticking up-my stock stays still and stuck around $32, so I didn't wanna close the pos, stock broke below intraday VWAP and didn't wanna lose 31.60 area, we drop-rebid-drop-rebid, I decided to cover half, there are 100K bid at .50 cent and 200K at .40 cent, stock was traiding in a range of $31.60 and 31.75, I was sitting and waiting for the break, eventually that bid at .50 cent was takem but I didn't close the pos,I was anticipaiting the bigger move, at some point stock jumped above .75 cents, run to .80 cents-I covered the rest, I know that pattern, some guy wanna get fill at some lower prices, he got filled-stock dropping a bit-jumping back up, and then drops back, but it reclaimed .70 cent area, I closed my pos and finnished the day)


Execution detail:

Date/time Symbol Side Price Position
2021-01-04 10:21:59 LI sell $31.690 short
2021-01-04 10:22:05 LI buy $31.750 0
2021-01-04 10:22:06 LI buy $31.750 long
2021-01-04 10:24:14 LI sell $31.890 long
2021-01-04 10:27:15 LI sell $31.840 0
2021-01-04 10:29:37 LI buy $31.980 long
2021-01-04 10:33:52 LI sell $32.330 0
2021-01-04 10:53:05 LI sell $32.750 short
2021-01-04 11:06:34 LI buy $31.970 0
2021-01-04 12:01:31 LI sell $32.450 short
2021-01-04 12:05:44 LI buy $32.050 0
2021-01-04 12:44:47 LI sell $31.740 short
2021-01-04 12:51:51 LI buy $31.940 0
2021-01-04 12:57:56 LI sell $31.980 short
2021-01-04 13:47:09 LI buy $31.650 short
2021-01-04 14:23:25 LI buy $31.790 0


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