Intraday fundamentals
Average Daily Volume: 10.88M
RVOL: 1.59 previous day. High rvol on intraday break (2)
ATR: 14.16
Short Float: 8.77%
Shares Float: 378.52M
Institutional Ownership: 74.80%
Option Flow: Medium

TRADING PLAN
Get long bidding near the 20 day SMA and previous resistance with risk LOD / 1$ from entry. Sell into the 5 / 10 day on 1 hr and final target is bolly on daily chart

TRADE STRATEGY x ✓
- Important technical level on daily charts ✓
- News catalyst ✓ Credit suis upgrade
- Elevated RVOL ✓
- Volume spikes into the breakout ✓
- Sharp move away from price x
- Holding above vwap ✓
- Decreasing volume into pullback ✓
- Buying on the tape into the pull ins ✓
- Short interest on my side ✓
- Option flow with OTM strikes ✓
- Hold until reasons to sell ✓
- Market in my favor ✓
- Corresponding stocks and sector supporting direction ✓
- Hot sector ✓

Potential Reason2Sell
- Price target is reached ✓
- uptrend is broken
- unusual seller on tape
- Breaking news in stock market
- moving average is broken

TRADE REVIEW

• What did you learn from this trade?
  Bounces could take a few minutes to work, In a less volatile environment be patient

• How could you have done better?

Bidding for a better price once NYSE opened up. Once we opened there was a huge imbalance and a quick rebid. Thats my opportunity to get in more

• How would you trade this differently for the next trade? Possibly add options on this bounce. I was happy with how I scaled out but for the way it moved aggressively up. Options would have been a better RR

https://www.youtube.com/watch?v=pcX7ksjd6Ws

TA