FINV Trade on Mar 12, 2021 10:18 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Idea, Entry, and Risk:

*Idea: Continued short after HOD fail and VWAP test
*Entry: Just under VWAP starter
*Risk: 1:2

Catalyst and News:

n/a, expected falloff from yesterday's dividend announcement.

Fundamentals:

n/a

Technicals:

Spike into strong fade A/H yesterday, little P/M action to justify much continuation, failed gap fill from IPO pricing.

Summation:

Took some on pops back into VWAP after the dribble and crack down under the 9s. The 8.30s level held too well, but my stop was never hit, and at the EOD, it was so inactive that I took off, expecting some more stubborn shorts to cover around, got out beforehand.

Takeaways:

I am thinking that this is going to require moving towards some higher volatility, which I have been avoiding for a while out of hesistance or fear. If the money is there in the morning when I can trade, that is when I need to take it.

Action today on this was very slow, even with the relatively good range. Volume is simply not where it is on others.

Determine how you're going to make your plans. Consider SSR+Volume, sentiment, and float.


Execution detail:

Date/time Symbol Side Price Position
2021-03-12 10:18:52 FINV sell $8.410 short
2021-03-12 15:49:54 FINV buy $8.460 0


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