JNJ Trade on Jan 14, 2021 09:30 from Cklamb: Tradervue User Stock Trades.

JNJ
Intraday Fundamentals
• Early trials of one dose Covid vaccine
Technical Stats
ADV 7.31 RVOL .79 ATR 2.39 BETA .73 Short .49% Inst Own 69.8%

Trading Plan
• A long at 158.50 is a place to start larger and be willing to add and take off until this moves back into VWAP
• Look for SMA support plays off 159
• Long a retest of 161.30 if this does get strong enough to ATH lighten up at 164.60

NOTES
The first entry on this was an attempt to catch the tape which did not fill well on the market order. I added at the PM low and willing to add as I was only at tier 1. I thought there would be a good chance of a bounce at 159.50. It did not get there but I did add after the quick spike into .50 area. I got a little to anxious on taking of the initial not holding at VWAP. There was no real reason to take the remainder off either. The thought was that I had made the first bad fill profitable and did not want to push. I needed to get a little closer to the PM high.