APTO Trade on Mar 24, 2021 15:43 from VadimT7: Tradervue User Stock Trades.

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VadimT7

 

Entry Observations:

  • At a strong supply on 5-min chart. Shooting star on very high volume shows signs of super-strong selling at this level.
  • Initial rally starting at around 3:10 am was on really low volume
  • Power-hour weakness possible.
  • Hanging man on the 5-min chart
  • Wicky price action
  • On 1-min chart, last three rallies were on low volume indicating disinterest of the stock to move higher, and thus it's lack of follow-through from buyers (weakness). Sellers starting to see that weakness and are either looking to get out of the trade or are looking to short it.
  • Selling volume starting to dominate in the consolidation
  • Recent bearish engulfing was a failed supply test and there were still sellers there.
  • After stopping volume on a hammer, prices don't just spike higher like that. That's a weak spike + it's on less volume than the engulfing red candle before it.

Execution detail:

Date/time Symbol Side Price Position
2021-03-24 15:43:59 APTO sell $6.070 short
2021-03-24 15:44:33 APTO buy $5.990 short
2021-03-24 15:48:05 APTO buy $5.810 short
2021-03-24 15:58:03 APTO buy $5.960 0


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