Shared by
ajaytaparia
SNAP gapup, e-commerce entry. Analyst upgrades
Choose snap as it was within my <$100 stock. The other watchlist stops all had fft's
The overall market was over-exteneded so was cautious to enter on any major stocks.
So the tape was fast green and stock quickly moved above open level.
The setup was A+ 5mins before. But few mins before open, it went below jlines.
This led to not A+ setup, so cut my position into half as news was moderately strong.
u/o was good at open and took profits are BM resistance. Tried a micro-scalp but got out quickly.
Similar to SQ like consolidation for few mins on Jlines curl. Entered for a quick squeeze and had a nice green day after a long long time.
I hope to add one more green day on my next trading day
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-04-14 09:31:09 | SNAP | buy | $64.130 | long |
| 2021-04-14 09:33:48 | SNAP | buy | $65.480 | long |
| 2021-04-14 09:33:57 | SNAP | sell | $65.580 | long |
| 2021-04-14 09:38:20 | SNAP | sell | $65.050 | 0 |
| 2021-04-14 09:39:06 | SNAP | buy | $65.040 | long |
| 2021-04-14 09:39:35 | SNAP | sell | $64.885 | 0 |
| 2021-04-14 10:06:48 | SNAP | buy | $64.700 | long |
| 2021-04-14 10:08:48 | SNAP | buy | $64.700 | long |
| 2021-04-14 10:13:40 | SNAP | sell | $65.020 | long |
| 2021-04-14 10:14:43 | SNAP | sell | $65.100 | 0 |
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