AAPL Trade on Mar 25, 2021 09:38 from spyrosz: Tradervue User Stock Trades.

Very similar play to QQQs.
AAPL closed to LOD the previous day and lost the all-important S1=$120 daily support level premarket, looking vulnerable. S2=$118.3, then S3=$116.5

Premarket plan was to short the opening pop to S1=$120 or even better R1=premarket resistance pivot=$121, expecting rejection there (as buyers would trim) and a sell-off back to S2=$118.3 at a minimum.

Played it properly. Got short filler size at the pop to R1=$121, risking tight stop above the level, stayed with filler as AAPL showed relative strength vs market and held above S1=$120 + VWAP, so didn't give me confidence to add more.

Stopped out per plan. Papercut.
Didn't revisit it as never made it to next resistance to base my risk.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-03-25 09:38:50	AAPL	sell	$120.530	short
2021-03-25 09:40:41	AAPL	sell	$120.790	short
2021-03-25 09:58:30	AAPL	buy	$120.890	short
2021-03-25 10:00:12	AAPL	buy	$121.140	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=29295267&end=20210424&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=29295267&end=20210325160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=29295267&end=20210325122012&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

AAPL Trade on Mar 25, 2021 09:38 from spyrosz: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax