FSLR Trade on Mar 26, 2021 13:49 from spyrosz: Tradervue User Stock Trades.

Yesterday's reversal candle + ON VOLUME + higher low in-front of the $74 major daily support level was compelling!! I took notice and put it on main watch for the break of R1=$83.
Break and hold above R1, nothing but air until R2=$86-87 zone.

Opened strong and had a fast and furious move, breaking above R1=$83. Got extended in larger timeframes, needed time for 9EMAs to play catch-up, so I had to be patient. Sat tight and watched price:
-- Showed extreme relative strength vs overall market
-- Buyer stepped up at 1st pullback to R1=$83--> quick $1 bounce to $84

Placed my bids $83-83.2 and hoped for 2nd chance here. Got filled Tier 0 at the 2nd pullback to R1 as market took a quick hit, risking tight below R1, $82.9s, expecting to hold prices and rally into the close.

Stopped out per plan.

I don't think my stop placement was wrong here. Couldn't afford risking a lot below R1, esp. with market taking a hit. It could have gone all the way back to $81 easily if market remained weak:/

(-) The major fail was I never revisited once market found a bid and pushed higher. It should have been my #1 go to and hit it with size thru the trendline break + VWAP remount, even at worse prices than before. Staying in the sidelines after stalking the name+tape for so long...MAJOR MISTAKE.