FB Trade on Mar 9, 2021 11:52 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

On main watch for the break of R1=$265 and the move to R2=$273.5, after 2-weeks of sideways action, handling QQQs correction like a champ.

I lost filler size yesterday trying to anticipate the break-out, but got rejected and roller-over all the way to $255.

So today I wasn't going to anticipate. Premarket plan was to get "long" only if it managed to clear and hold above R1=$265, for the next leg higher.

Got rejected at 1st attempt, but showed strength holding VWAP. 2nd attempt broke higher on increasing volume.

Got long Tier 0 at the back-test of R1=$265, risking previous low $263.5, expecting to hold and move higher. QQQs very strong-market alignment-, it was now or never.

(-) Missed the add since I got out for a mid-session walk. I should have put a stop-buy $265.5-265.7s for additional size.

Sold 30% in-front of $268, thought of adding just before the close as it flushed right into R1, but decided to stay put. No need for heroes in this tape.

Held remaining 70% as a swing despite not having enough cusion on the name. On the other hand, I don't have the size I wanted, so I can give it a bit of room if it wants to stay special.

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03/10/2021
Sold small form swing size premarket.
Bought the morning flush to S1=$266.5 and yesterday close=$266, wanting to add more in case it tested S2=$265. Sold the bounce higher.
Once I realized that it cannot lift-off, moved stop to LOD. Stopped out of whole position...

Infinite amount of chop-chop!!

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Execution detail:

Date/time Symbol Side Price Position
2021-03-09 11:52:26 FB buy $265.060 long
2021-03-09 13:34:08 FB sell $267.890 long
2021-03-10 09:11:35 FB sell $268.930 long
2021-03-10 09:38:34 FB buy $266.660 long
2021-03-10 09:43:59 FB buy $266.370 long
2021-03-10 09:46:04 FB sell $267.220 long
2021-03-10 09:53:20 FB sell $268.250 long
2021-03-10 09:59:36 FB sell $267.100 long
2021-03-10 10:21:46 FB sell $265.630 0


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