Similar to AMD.
This thing has retraced 50% from ATHs=$175 after latest earnings report. S1=$86.
Literally tagged S1=$86 to the penny same time as QQQs and many other tech names hit support and bounced.
Got long Tier 0 a bit early as it was trying to hold $86.5, risking wide below S1 $84.5s, and added Tier I size the moment I saw the test of S1 to the penny and instant bounce above $87, tightening stop for the whole position to S1=LOD=$86, expecting the bounce back to yesterdays close=$95.5.
Again, tried to be conservative with exits towards target, reloaded what I have sold after it held above VWAP and $92 for the 2nd time, and sold the add before the close near highs.
Held 60% of original entry as swing as it closed at top of range, putting a massive hammer on the daily, and plenty of room to the upside if it wants to see higher prices.
03/08/2021
Sold more swing size into the morning pop.
I liked how it was holding VWAP and as 9EMA@15min played catch up, reloaded one tier, risking bottom of pullback $96, expecting to retest HOD=$100 and push to R1=$101.5.
Sold small in-front of HOD, reloaded as it got really tight below $99, risking 50c, failed to break-out and stopped out.
Held better than other names out names. At least didn't go all the way back to yesterday's low=$86. Still holding 40% swing size.
03/15/2021
Closed it a bit earlier than $112 target.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-05 11:12:04 | U | buy | $87.050 | long |
2021-03-05 11:22:31 | U | buy | $87.150 | long |
2021-03-05 11:22:42 | U | buy | $87.440 | long |
2021-03-05 11:30:49 | U | buy | $87.240 | long |
2021-03-05 11:56:41 | U | sell | $89.540 | long |
2021-03-05 12:26:17 | U | sell | $91.400 | long |
2021-03-05 12:38:00 | U | sell | $93.100 | long |
2021-03-05 14:15:10 | U | buy | $93.270 | long |
2021-03-05 15:00:51 | U | sell | $94.460 | long |
2021-03-05 15:31:23 | U | sell | $93.970 | long |
2021-03-05 16:00:39 | U | sell | $93.780 | long |
2021-03-08 09:42:19 | U | sell | $97.400 | long |
2021-03-08 09:45:48 | U | sell | $99.800 | long |
2021-03-08 10:19:47 | U | buy | $97.600 | long |
2021-03-08 10:29:17 | U | sell | $98.940 | long |
2021-03-08 10:40:35 | U | buy | $98.840 | long |
2021-03-08 10:40:35 | U | buy | $98.840 | long |
2021-03-08 10:45:51 | U | buy | $99.050 | long |
2021-03-08 10:53:03 | U | sell | $97.905 | long |
2021-03-08 11:07:05 | U | sell | $97.560 | long |
2021-03-10 08:56:44 | U | sell | $100.890 | long |
2021-03-11 11:56:00 | U | sell | $105.430 | long |
2021-03-11 13:22:22 | U | sell | $106.610 | long |
2021-03-15 11:23:47 | U | sell | $109.160 | 0 |
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