JETS Trade on Mar 16, 2021 10:05 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Fast and furious rally into MASSIVE 3-yrs old prior support level (now expected resistance) R1=$28-29 area. I am seller.

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Premarket plan was to get "short" at the opening pop towards previous day HOD=$28.9-29 area, risking tight stop above $29 whole number, expecting the break of S1=long-term support + previous day support pivot=$28.3 and S2=door to daily gap-fill=$28.15, and the move to S3=daily gap-fill=$27.72.
Above $29, R2=$29.3 then daily gap-fill at R3=$30. So no need for heroes here. If it started holding above $29, all out.

Didn't play nice as it flushed 80c in a blink of an eye w/o providing any calculated entry in order to participate. Still, significance of daily resistance + S3=daily gap-fill=$27.72 , I wanted to get involved.

Got short core/Tier 0 size after retracement and rejection to the penny of S1=$28.3, risking tight above S1, added 4 momo tiers for the break of LOD=$28.07, risking the desc. 9EMA@15min chart, wanting to cover at S3.

Looked good for a moment, and I took some small covers as it moved to $27.9s. Instant remount of previous LOD and higher low, scared the sh@t out of me as I had size, so I got flat...

Sat tight and watched price. Got rejected exactly where it was supposed to S2=$28.15+9EMA@15min chart, so as it broke below $28.07 again,

reloaded all size at the retracement + rejection of previous LOD=$28.07, risking S2=$28.15, expecting the move to target S3.

Nice move. Covered bulk below $27.9, have the cover at LOD=$27.84! Got flat as it broke the intraday downtrend.

Nice trade.
(+) Very happy that after 1st attempt, sat tight, re-evaluated and when it triggered I pressed short again.

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Execution detail:

Date/time Symbol Side Price Position
2021-03-16 10:05:01 JETS sell $28.200 short
2021-03-16 10:05:01 JETS sell $28.200 short
2021-03-16 10:05:01 JETS sell $28.200 short
2021-03-16 10:23:31 JETS sell $28.165 short
2021-03-16 10:23:50 JETS sell $28.130 short
2021-03-16 10:23:54 JETS sell $28.135 short
2021-03-16 10:46:30 JETS sell $28.270 short
2021-03-16 11:16:54 JETS sell $28.110 short
2021-03-16 11:46:07 JETS sell $28.100 short
2021-03-16 11:46:07 JETS sell $28.100 short
2021-03-16 12:00:37 JETS sell $28.155 short
2021-03-16 12:10:45 JETS sell $28.140 short
2021-03-16 12:10:45 JETS sell $28.140 short
2021-03-16 12:15:08 JETS buy $28.070 short
2021-03-16 12:23:38 JETS buy $28.020 short
2021-03-16 12:23:38 JETS buy $28.020 short
2021-03-16 12:23:38 JETS buy $28.020 short
2021-03-16 13:01:44 JETS buy $28.080 short
2021-03-16 13:06:10 JETS buy $28.125 0
2021-03-16 13:48:23 JETS sell $28.055 short
2021-03-16 13:48:23 JETS sell $28.055 short
2021-03-16 13:48:23 JETS sell $28.055 short
2021-03-16 13:48:23 JETS sell $28.050 short
2021-03-16 13:53:11 JETS buy $28.060 short
2021-03-16 13:53:11 JETS buy $28.059 short
2021-03-16 13:53:11 JETS buy $28.060 short
2021-03-16 13:53:41 JETS sell $28.040 short
2021-03-16 13:53:41 JETS sell $28.040 short
2021-03-16 13:53:49 JETS sell $28.040 short
2021-03-16 13:53:49 JETS sell $28.040 short
2021-03-16 14:19:47 JETS buy $27.980 short
2021-03-16 14:25:54 JETS buy $27.920 short
2021-03-16 14:25:54 JETS buy $27.920 short
2021-03-16 14:25:55 JETS buy $27.920 short
2021-03-16 14:38:03 JETS buy $27.930 short
2021-03-16 14:38:03 JETS buy $27.930 short
2021-03-16 14:44:56 JETS buy $27.840 short
2021-03-16 14:44:58 JETS buy $27.840 short
2021-03-16 14:47:58 JETS buy $27.898 short
2021-03-16 14:50:17 JETS buy $27.980 short
2021-03-16 14:50:20 JETS buy $27.980 short
2021-03-16 15:06:11 JETS buy $28.025 0

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