LAZR Trade on Feb 12, 2021 14:02 from spyrosz: Tradervue User Stock Trades.

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Shared by
spyrosz

 

Alert got triggered as it blasted thru R1=major daily resistance level/inflection point=$35.6 which opens door to higher prices after a 2-2.5 month long consolidation in a tight range.

Beautiful 2-hr "Price Discovery" pattern at higher timeframes (15-30-60min charts), it looked poised to explode higher.

Got long Tier 0 just in time as it was breaking out, risking tight stop the low of the consolidation $36.5, expecting the move to R2=$38, maybe R3=$39.5. Strong close above R2=$38 and I would swing it.

Sold small in-front of HOD=$37.5, and decided to raise stop to $37.18 as we were approaching the close....for a bottom-tick stop-out. Major fail..

image


Execution detail:

Date/time Symbol Side Price Position
2021-02-12 14:02:52 LAZR buy $36.990 long
2021-02-12 14:18:52 LAZR sell $37.460 long
2021-02-12 15:19:02 LAZR sell $37.180 0


Comments

Gravatar tradervue2020
2021-02-16 00:07:37
 

Great use of trendlines. Great entry.👍

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