QCOM Trade on Jan 7, 2021 09:32 from spyrosz: Tradervue User Stock Trades.

4-straight days holding above $149-149.5 and rejecting $153.3 area. It also showed relative strength holding levels really well vs QQQs gap-down days. All it needed was a strong tech/semi day to trigger

Plan was to get "long" only when it cleared and hold above R1=$153-153.3 for the 1st move to R2=$156, then R3=ATHs=$159s.

Opened below R1, and quickly moved towards the level.

Got long filler risking LOD=$152 as it broke thru the level, added a momo tier, risking VWAP when it back-tested and held above R1, expected the quick opening drive towards R2 to trim...

Rolled-over + RVOL=0.6 < 1.0--> stock not "in-play" put me in defense mode. Quickly trimmed momo tier when it broke below VWAP, cut filler size before LOD - proper stop. Kept in on watch and when I saw AMD+NVDA ripping higher, quickly revisited.

Re-added filler once it remounted VWAP, risking LOD=$152, added two momo tiers as it broke+held above R1=$153.3 to the penny, risking the break-out level, thinking now I got it.

Stress-free for the rest of the day, trimmed 40% of size close to R2=$156.
Exceptional close at HOD right below R2, held rest 60% as swing, target R2 and new highs, stop b/e.

(-) I could have avoided the filler-size loss in the 1st place as I was risking LOD=$152 to begin with, that never got triggered. No trim+cuts position size.

Terrible decision to close it because "I think market is due for a pullback", when there was no legit/valid reason to close it. I didn't even had that much size to begin with...
Tragic:/