BABA Trade on Mar 12, 2021 10:03 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Came in my desk 9:45am having missed the open. No premarket preparation.
Had HOG on main watch for days now, for the break of $37 but passed as RVOL<50%, very light volume. Too bad it ended up being the easy trade...

Found BABA action interesting. Lost S1=$234 + 9SMA@daily at open, and flushed to S2=$231.2. Very weak tape and price action. Bounced to VWAP and got brutally rejected. Below S2, next major daily support at S3=$228.3. Thought it would be tested.

Got short filler size after VWAP rejection to the penny, risking above the wick $232.5, added Tier 0 after lower high below VWAP, added one momo tier once it took out LOD=$231.2 and held below, risking the level remount for the add, expecting the move to S3=$228.3 to cover bulk.

Covered small in-front of $230, more after the "Double Bottom". Reloaded small as it got really tight and seller at $231.8s was holding, risking tight stop above, thinking it would roll-over. Tried to but got bought instantly (knew at that moment my fate was sealed and I should have covered) and it squeezed higher.

Got some slippage, gave back small.

Decent. Didn't touch anything else for the day.

image


Execution detail:

Date/time Symbol Side Price Position
2021-03-12 10:03:12 BABA sell $231.480 short
2021-03-12 10:10:31 BABA sell $231.580 short
2021-03-12 10:10:54 BABA sell $231.470 short
2021-03-12 10:10:54 BABA sell $231.460 short
2021-03-12 10:11:04 BABA sell $231.270 short
2021-03-12 10:14:55 BABA sell $231.040 short
2021-03-12 10:28:01 BABA buy $230.160 short
2021-03-12 10:48:27 BABA buy $230.700 short
2021-03-12 10:48:34 BABA buy $230.746 short
2021-03-12 11:05:18 BABA buy $230.380 short
2021-03-12 11:06:49 BABA buy $230.490 short
2021-03-12 11:15:05 BABA sell $230.630 short
2021-03-12 11:15:05 BABA sell $230.640 short
2021-03-12 11:19:35 BABA sell $230.580 short
2021-03-12 11:28:49 BABA sell $230.600 short
2021-03-12 11:35:39 BABA sell $230.530 short
2021-03-12 11:39:40 BABA buy $231.110 0


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