TSIA Trade on Jan 25, 2021 09:35 from hermanho939: Tradervue User Stock Trades.

On the daily chart, gapping up near all time highs. Long bias.

Decision of entry after 9:34. Although 3 consecutive demand tails, they are with decreasing volume, so, there is lower conviction of a bullish trend. Especially, the final demand tail is with extremely low volume, which should cancel out all significance of the 3 consecutive demand tails. Hence, extremely poor entry.

It is debatable whether should have exited half after 9:35. Price closed within breakup candle low of 9:30 in the final seconds, producing a demand tail, on high volume. The downside is the significant negative spread.

However, in any event, must have exited the entire position after 9:36. Original stop loss is breached by a significant margin. The negative spread is relatively significant, and the volume is low. These factors are grossly insufficient to displace the significant breach of stop loss. Hence, disastrous exit (of both halves). Finally exited the entire position (in one go) after 9:42, after a huge breakdown candle following the redistribution structure from 9:37 to 9:41. It is beyond obvious that the stock is in a downtrend after 9:37. Failed to acknowledge mistake and traded on hopium for an entire redistribution structure. Same mistake after the CLSK trade earlier this month, but punished much more dearly this time.