VIAC Trade on Mar 23, 2021 13:29 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Weird name that I've never traded before. Found it in the premarket gap-up/down scanner, after premarket gap-down due to 2ndary offering. This thing went from $20 to $100 in a straight line, never lost 9SMA@daily since start of 2021.

But today, it was gapping below the m. average. If that's not a change in character...
Premarket plan was to get short at the opening pop to R1=9SMA@daily=$94-95 or even better R2=daily gap-fill=$96, expecting to reject the 9SMA and move lower. Lots of room for downside. No clue where real support would be in this beast...

No morning pop, but $95 alert hit in the afternoon.

Got short filler size in-front of R1 risking wide stop $96.5s, added another half-tier at the quick pop to R2=$96, risking same level, and sat tight to watch price, expecting reversal pattern to form and some confirmation.

Super strong tape with sellers failing to push it lower and instant rebids, so I quickly moved stop to $96.2. Wow.

Got stopped out for a filler size loss. Some scary sh@t on tape afterwards, up+down all-around, but once it failed to break and hold $96.2 for a 2nd time,

re-established size with stop at HOD=$96.35, expecting VWAP at a minimum, put bids and never looked at it...

Got the run all the way to LOD.
Decided to hold some as swing short as there is room for more downside in the daily/weekly charts if it wants.

Covered more at $88 after-hrs.

image

03/24/2021
Morning thought: "Let's get flat at the open, probably it will bounce at 20SMA@daily=premarket low=$83".

That went well..lol.
Don't know if I should laugh or cry....
image


Execution detail:

Date/time Symbol Side Price Position
2021-03-23 13:29:01 VIAC sell $95.280 short
2021-03-23 13:34:33 VIAC sell $95.860 short
2021-03-23 13:50:48 VIAC buy $96.258 0
2021-03-23 14:12:42 VIAC sell $95.300 short
2021-03-23 14:55:36 VIAC buy $93.870 short
2021-03-23 15:01:33 VIAC buy $92.890 short
2021-03-23 15:09:47 VIAC buy $92.110 short
2021-03-23 15:39:29 VIAC buy $91.110 short
2021-03-23 18:02:14 VIAC buy $90.250 short
2021-03-23 19:50:38 VIAC buy $88.110 short
2021-03-24 09:31:19 VIAC buy $83.810 0


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