MA Trade on Feb 23, 2021 10:11 from spyrosz: Tradervue User Stock Trades.

Notable extreme relative strength yesterday vs overall market that continued today.
On main watch for the break and hold above R1=major daily resistance/inflection point=$345 that opens door to higher prices and R2=$354, R3=$360.

Opened strong and quickly pushed thru R1=$345.Choppy choppy choppy, I had to take a stab before getting it right,

Got long Tier 0 at the pullback to R1, risking tight stop $344 that didn't work so I stopped out. Reloaded full-size quickly when I saw the R1 remount, expecting to hold the level this time and push to new highs.

Sold 50% at the push to $349, trying to hold rest 50% for the move to R2=$354.

I realized that the algo respected 9EMA@15 almost to the penny, so I aggressively scalped every little pullback to 9EMA@15min chart, trying to hold core.

Finally broke out in the afternoon session and sold another 40% of core towards target.

Held remaining 10% of size as overnight swing, stop $344, target R3=$360.

(+) Played my thesis and premarket plan, nice tape reading, legit executions. I like this trade.

Insane move. I was praying for a quick pullback/opening flush to $346-348 zone to reload some before the break of $356 and push to ATHs, but this went fast and furious.

Left with a remaining 5%, stop $354.

02/25/2021

Probably huge mistake here when hard-stop for remaining size got hit once it made new LOD, and I never re-entered.