TGT Trade on Mar 4, 2021 09:32 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Unacceptable:/

Amazing daily.
Day I: Earnings report. Broke the uptrend est. back in early 2020. Day I LOD=$172.5
Day II: Inside day at bottom of Day I range. Day II LOD = Day I LOD=$172.5

Day III: Premarket plan was to get "short" the moment it broke thru S1=Day I & II LOD=$172.5, for continuation lower towards S2=$170, ideally S3=$167..

1min before market open flushed right into S1=$172.5 and I thought I would lose it, so

got short filler size once it bounce at the open, risking R1=yesterday's resistance pivot=$175. Got rejected at R1, rolled over back to S1, and I added two momo tiers for the break-down, tightening stop above VWAP=$173.5s, expecting a hard momo sell-off.

Covered small at the flush to $171, and put stop to $173.01. Got stopped out at the tick to $173.05. Rolled back down and put a LOD...at S2=$167.

---> Now getting stopped out at the top tick is bad luck...

(-) What's unacceptable is that the stock got rejected another 3!! times at S1=$172.5 w/o being able to break and hold above the level while overall market was trying to bounce. But I never paid attention and I never re-entered.. 3 times!! That's my mistake and it is unacceptable...Got what I deserve. A b/e trade vs +$5/share stress-free.

image


Execution detail:

Date/time Symbol Side Price Position
2021-03-04 09:32:25 TGT sell $173.100 short
2021-03-04 09:56:09 TGT sell $172.460 short
2021-03-04 10:04:28 TGT sell $172.210 short
2021-03-04 10:09:47 TGT buy $171.160 short
2021-03-04 10:47:16 TGT buy $173.050 0


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