Shared by
spyrosz
Big gap-down after earnings.
Day I (earnings report) LOD=$145.5.
Day II-IV LOD=$145.5.
If this thing could break and start holding below $145.5, it could see lower prices, magnet being the $141.8-14 low after the earnings gap-up. One problem though: It would have to break thru the 20SMA@weekly=$143.7 which supports the overall trend.
Today finally it managed to clear the $145.5 level and started holding below it. Really thought it would roll-over back to lows in the afternoon,
got short Tier 0 risking VWAP, expecting to retest lows=$144.
After two failed attempts to break below $145, I kind of understood what it was coming so I quickly bailed at b/e.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-10 12:31:14 | QCOM | sell | $145.560 | short |
| 2021-02-10 13:23:53 | QCOM | sell | $145.450 | short |
| 2021-02-10 13:36:59 | QCOM | sell | $145.510 | short |
| 2021-02-10 14:00:07 | QCOM | buy | $145.690 | short |
| 2021-02-10 14:00:07 | QCOM | buy | $145.690 | 0 |
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