ORCL Trade on Mar 19, 2021 11:10 from spyrosz: Tradervue User Stock Trades.

Big gap-down after earnings report that sellers managed to protect. Rejected $67 the previous two days, and today it looked like it wanted to head lower.

It flushed below S1=previous two days LOD=$66.2s, held below, got a brutal rejection at VWAP, and as it looked ready to break lower,

got short filler size risking the previous wick to VWAP, wanting to add main size thru $66, expecting the move to S2=$65-65.5s, then S3=$64 if it really wanted to go there.
I hate the name as a trading vehicle, so I was very patient with size.

Good thing as I got stopped out few minutes later.
Papercut.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-03-19 11:10:14	ORCL	sell	$66.080	short
2021-03-19 11:21:34	ORCL	buy	$66.348	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ORCL&trade=29052407&end=20210418&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ORCL&trade=29052407&end=20210319160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ORCL&trade=29052407&end=20210319134634&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ORCL Trade on Mar 19, 2021 11:10 from spyrosz: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax