Earnings after close, but these guys tried to clear R1=major daily resistance level=$87 before the report...Amazing.
Premarket it was hovering around $86. Even though I didn't think it would rally to R1, I put an offer for half tier right in-front of the level, expecting brutal rejection there.
Opened strong, rallied right into R1 and offer, got hit for half Tier 0, risking $87.5s, expecting quick roll-over and a move to where it came from.
(-) The moment it failed to hold above R1 and closed below, I should have hit the bid really hard. Trade deserved way more risk. Remained under-sized
Covered small into VWAP, hoping I could get a pop back to $86.8+ to reload, but no...
Covered bulk into yesterday's close=$85.5s, more once it "double-bottomed". Left small trailer on with stop at HOD...
Mid-day pop and lower high at $86.7s was a nice gift for a scalp at least.
Reloaded short (smaller than 1st trade), tightening stop for whole size above lower high, expecting VWAP at a minimum.
Covered in-front of VWAP, then got flat...and I missed the flush to LOD.
(-) 1st short deserved way more risk. Under-sized. I am not a charity. Unacceptable:/
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-27 09:38:23 | AMD | sell | $86.900 | short |
2021-04-27 09:42:29 | AMD | buy | $86.430 | short |
2021-04-27 09:46:17 | AMD | buy | $86.017 | short |
2021-04-27 09:53:04 | AMD | buy | $85.520 | short |
2021-04-27 11:23:42 | AMD | buy | $85.610 | short |
2021-04-27 12:33:58 | AMD | sell | $86.450 | short |
2021-04-27 12:53:02 | AMD | sell | $86.460 | short |
2021-04-27 13:23:14 | AMD | sell | $86.330 | short |
2021-04-27 13:26:24 | AMD | buy | $86.110 | short |
2021-04-27 14:23:34 | AMD | buy | $86.167 | 0 |
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