ATOS Trade on Feb 4, 2021 09:28 from VadimT7: Tradervue User Stock Trades.

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VadimT7

 

Gap acted as support, always keep that in mind for good dips, especially if it's aligned with other areas such as a 50 or 61.8 Fibonacci, high-volume nodes/demand area.

After a gap up, there always are profit takers to take the stock lower before it makes a red to green move.

Could've waited for the bounce on the support. Set stop-loss below that support (which is also the low of the day).


Bullish wedge + near support = made the stock break the trend and breakout to the upside from the pattern.


If a stock is in a downtrend, before buying a dip let it make a higher low or show some kind of strength (holding well the support with the buyers on L2 and T&S).

Downtrend breaks are very good opportunities for a long trade, especially if the stock makes a higher low to indicate bullishness (presence of buyers). Confirm the presence with the Level 2 flow: Are there buyers lining up after the break of the downtrend?


Most importantly, take profits, scale out.


Execution detail:

Date/time Symbol Side Price Position
2021-02-04 09:28:09 ATOS buy $4.450 long
2021-02-04 09:29:58 ATOS sell $4.420 long
2021-02-04 09:30:58 ATOS buy $4.220 long
2021-02-04 09:35:40 ATOS buy $4.540 long
2021-02-04 09:53:30 ATOS sell $4.580 long
2021-02-04 10:00:52 ATOS sell $4.430 long
2021-02-04 10:16:21 ATOS buy $4.300 long
2021-02-04 10:24:27 ATOS sell $4.180 0


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