PLTR Trade on May 11, 2021 10:25 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: FF vs Highs after squeeze
*Entry: 19.40s on flush after first major fall.
*Risk: 1:3 vs HOD (Top vs

Catalyst and News:

Accepting BTC as payment, lackluster earnings results.

Fundamentals:

n/a

Technicals:

Massive volume morning and huge flush down P/M like the rest of the market.

Summation:

Opening shove off of the weakness along with rest of market. Push past VWAP into 20s and flushes. Waited for FF afterwards into 19.80s and hit half on 19.40s, saw flush and waited for instance, added on push back into 19.40s and set stops.

Stopped out while on commute.

Takeaways:

The level of staying power at the 19.40s once this ticker came back was pretty good. The flushes were big but no VWAP test should have given this away.

Huge P/M flushes tend to lead to big rally days like this. Live and learn. Still respected size and risk.