EH Trade on Jan 15, 2021 09:56 from spyrosz: Tradervue User Stock Trades.

Gravatar

Shared by
spyrosz

 

Low float (9.5M float) going parabolic. Met all my criteria for "the Blow-off Top" trade.

Premarket plan was to get "short" at the opening pop to R1=premarket high=$51 but only if it rejected R1 and held below, risking HOD. No-frontside since low-float.

Played way cleaner than expected. Popped to R1, got rejected and rolled-over

got short Tier 0 as it was breaking thru VWAP (maybe a bit late entry) risking HOD, added Tier I for the break of S1=yesterday's resistance pivot=$48, risking $50 for the add targeting yesterday's close=$44.5 at a minimum.

Resolved quickly, covered 50% on target, tightened stop to $48.5 and put bids lower.
A bit lucky as it reversed higher but with a lower high=$48.3 (20c from stop) I stayed in.

(-) Should have reloaded full-size right there, but avoided due to small trading experience with low floats

Covered slowly at flushes all the way down to yesterday's open.

(+) Backside=stress-free.

image


Execution detail:

Date/time Symbol Side Price Position
2021-01-15 09:56:53 EH sell $48.960 short
2021-01-15 10:04:14 EH sell $48.230 short
2021-01-15 10:20:18 EH buy $45.210 short
2021-01-15 11:19:38 EH buy $43.550 short
2021-01-15 11:29:50 EH buy $42.210 short
2021-01-15 12:22:02 EH buy $39.330 short
2021-01-15 12:32:44 EH buy $39.910 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in