Shared by
spyrosz
Tight daily with well-defined R1=$115, then R2=$117 which is door to daily gap-fill up to R3=$120.
Premarket plan was to get "long" only if it managed to break and hold above R1=$115, risking vs the level, expecting the push to R2, maybe R3.
Choppy at the open, but once it started holding above R1=$115+VWAP,
got long Tier 0, risking LOD=$114.75, for the push to R2=$117.
Sold 50% towards target, wanted to hold rest for a swing to R3.
Got stopped out once market got hit and BBY rolled over completely.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-25 10:01:48 | BBY | buy | $115.740 | long |
| 2021-01-25 10:01:57 | BBY | buy | $115.750 | long |
| 2021-01-25 10:16:10 | BBY | sell | $116.900 | long |
| 2021-01-25 10:43:24 | BBY | sell | $117.760 | long |
| 2021-01-25 10:47:44 | BBY | sell | $117.330 | long |
| 2021-01-25 11:03:24 | BBY | sell | $115.100 | long |
| 2021-01-25 11:03:24 | BBY | sell | $115.080 | 0 |
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