NFLX Trade on Apr 28, 2021 10:02 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

In a tight range after earnigs report.
R1=Day I HOD=$515, S1=mid-range support pivot/inflection point=$509, S2=lower boundary of long-term channel/uptrend=Day I LOD=$503. Break and hold below S2 and $495s in-play.

Weak action premarket trading just in-front of S2=$503. Premarket plan was to get "short" at the pop towards S1=$509, expecting to reject price, roll over, and try to clear S2 and move lower.

Opened strong, popped towards S1, but couldn't push past $508. Got short half-Tier 0, risking stop above S1=$509, added full Tier at the lower high+VWAP rejection, tightening stop to lower high, expecting to test S2=$503 at a minimum.

Covered small at opening print, more right into target.
Stopped out of the rest. Maybe I should have tighten stop more, closer to VWAP. Looks like I gave it too much room.

Small winner.

image


Execution detail:

Date/time Symbol Side Price Position
2021-04-28 10:02:19 NFLX sell $506.700 short
2021-04-28 10:02:19 NFLX sell $506.700 short
2021-04-28 10:02:19 NFLX sell $506.700 short
2021-04-28 10:22:55 NFLX sell $505.770 short
2021-04-28 10:26:19 NFLX buy $504.250 short
2021-04-28 10:35:11 NFLX buy $503.550 short
2021-04-28 11:09:18 NFLX buy $506.886 0


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