RIOT Trade on Apr 22, 2021 10:23 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Return to downwards momentum after
*Entry: Small near breakdown, up on VWAP test
*Risk: 1:2 (Expected size up opportunity into R/G push, thinking fails there).

Catalyst and News:

Biden Capital Gains tax proposal.

Fundamentals:

n/a

Technicals:

Up after several major days of downwards action, morning shove into big fails.

Summation:

Tiny entry into possible further breakdown, seeing heaviness on the ends under VWAP, waited to scale up a bit and added but saw a very slow and steady grind. Still didn't see enough momentum to think it'd go up particularly high or quickly, thinking there might be weakness at R/G.

The Biden Capital Gains Tax headline blew BTC apart and this by extension. Had to step away from the computer and didn't have the chance to size up and monitor, came back to see it massively down. Took off first at the 37.40s due to some consolidation, took off the rest EOD before the close covers.

Takeaways:

Very fortunate today with the unexpected news. Entries will need to be improved. Sizing up is possible but not feasible when not fully present. Stops in place so was protected, but not the move that happened while I can be there.