BSQR Trade on Feb 12, 2021 13:28 from WuManChu: Tradervue User Stock Trades.

Shared by
WuManChu

Idea, Entry, and Risk:

*Idea: Push after short exhaustion
*Entry: Above support level
*Risk: 1:3+

Catalyst and News:

N/A, ran last week

Fundamentals:

N/A

Technicals:

Morning push from 6s to 9s, faded off afterwards but held base at 7.50 afterwards.

Summation:

Took after seeing no new lows. The base was holding exceptionally well, took on full size vs previous crack under support (7.30s). SSR on held fast vs some shorts. Held into most of the day, was expecting a test again vs 9s at some point but caught only the move into the next breakout's level of resistance (8.20s). Missed chance to exit there, overstayed, exited out under the 8s level and progressively over the course of the rest of the day.

Takeaways:

Work on your exits. Entries and being right is only part of it. Remember, if you can't be at the station, simply set limits for where the price should hit, not where you want it to.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-02-12 13:28:38	BSQR	buy	$7.610	long
2021-02-12 15:07:16	BSQR	sell	$7.950	long
2021-02-12 15:26:52	BSQR	sell	$7.750	long
2021-02-12 15:52:58	BSQR	sell	$7.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BSQR&trade=27483182&end=20210212160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BSQR&trade=27483182&end=20210212160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BSQR&trade=27483182&end=20210212160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BSQR&trade=27483182&end=20210314&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}