CCIV Trade on Mar 9, 2021 12:56 from Steve_Trades: Tradervue User Stock Trades.

Long CCIV on the pullback after making a new high.
Took some shares but trade went against me pretty quickly.
Held through and added when the trade turned green.
Patience looking for the push to macro resistance at about $24.91 as initial target.
Sold half at $24.94 and held through consolidation looking for another leg.
Held through the selloff and took the shares back on into 20EMA support.
Unfortunately got suckered at that $24.20 level and cut the trade.
+0.75R

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-03-09 12:56:10	CCIV	buy	$24.110	long
2021-03-09 13:05:11	CCIV	buy	$24.150	long
2021-03-09 13:59:16	CCIV	sell	$24.940	long
2021-03-09 14:17:03	CCIV	buy	$24.420	long
2021-03-09 14:20:02	CCIV	sell	$24.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CCIV&trade=28554367&end=20210309145202&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CCIV&trade=28554367&end=20210309160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CCIV&trade=28554367&end=20210309160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CCIV&trade=28554367&end=20210408&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ADillPickleTrading

2021-03-09 20:04:26

a pretty nice trade, I like the entry at previous high + 24 and you timed the top very well. I think you held the remaining shares a bit too long imo, after it broke through 24.5 and the previous high with such strength I would not be holding that. just my opinion tho, if you are a more large risk type person that's cool

CCIV Trade on Mar 9, 2021 12:56 from Steve_Trades: Tradervue User Stock Trades.

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