LULU Trade on Mar 10, 2021 14:50 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Alert hit when it pushed thru $310 approaching R1=$311-312 area.
R1=$311-312 was a multi-week support level/inflection point (back from October 20) which had been defended many times and broke only recently as QQQs got hit. I suspect many longs trapped/bagholding at higher prices > R1.

Got short filler size at the extention to R1=$311, risking wide stop $315, added Tier 0 at the lower high, bringing stop for the position to HOD=$311.5, expecting a VWAP retest at a minimum.

Covered half at target, held rest in case it flushed lower. It didn't so I got flat before close.

image


Execution detail:

Date/time Symbol Side Price Position
2021-03-10 14:50:34 LULU sell $310.880 short
2021-03-10 15:17:17 LULU sell $309.890 short
2021-03-10 15:31:58 LULU buy $307.250 short
2021-03-10 15:59:58 LULU buy $309.035 0


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