Shared by
spyrosz
20SMA@weekly=$143.7 held, QCOM put a higher low at $143.9 and moved towards VWAP for the squeeze.
Got long Tier 0, risking the higher low at $143.9, added one momo tier thru VWAP, risking same stop expecting a red to green move (="RDR" buy candle).
Took profits towards R1=yesterday's close=$145.5.
Strong close + already green on the name + having sold already 50% of size, so decided to hold rest 50% as swing. Stop today's LOD=$143.5, target $150-151.
More profit taking towards $151 target. Nice:)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-11 14:16:58 | QCOM | buy | $144.370 | long |
| 2021-02-11 14:17:14 | QCOM | buy | $144.420 | long |
| 2021-02-11 14:29:04 | QCOM | buy | $144.610 | long |
| 2021-02-11 14:29:04 | QCOM | buy | $144.610 | long |
| 2021-02-11 14:29:04 | QCOM | buy | $144.610 | long |
| 2021-02-11 14:44:38 | QCOM | sell | $144.940 | long |
| 2021-02-11 15:06:24 | QCOM | sell | $145.180 | long |
| 2021-02-11 15:14:38 | QCOM | sell | $145.410 | long |
| 2021-02-11 15:24:46 | QCOM | sell | $145.600 | long |
| 2021-02-11 15:25:54 | QCOM | sell | $145.740 | long |
| 2021-02-12 09:43:52 | QCOM | sell | $145.940 | long |
| 2021-02-12 10:27:09 | QCOM | sell | $146.900 | long |
| 2021-02-12 13:06:13 | QCOM | sell | $147.400 | long |
| 2021-02-12 13:06:49 | QCOM | sell | $147.400 | long |
| 2021-02-12 14:17:58 | QCOM | buy | $147.570 | long |
| 2021-02-12 14:38:02 | QCOM | sell | $147.194 | long |
| 2021-02-12 14:38:02 | QCOM | sell | $147.194 | long |
| 2021-02-16 07:15:04 | QCOM | sell | $149.260 | long |
| 2021-02-16 13:42:25 | QCOM | sell | $146.370 | 0 |
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