ROKU Trade on May 18, 2021 09:45 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

On main watch after 4 consecutive unsuccessful attempts to remount R1=major daily resistance level/inflection point=$317, expecting a move towards R2=20SMA@daily=$330, possibly R3=$340.

Opening drive thru R1=$317, placed bid for half-Tier 0 size in-front of R1 so as to get long at the backtest of the level.

Got long half-Tier 0, risking LOD=$310, expecting another 5min consolidation above R1, add more size vs low of pullback, and then move to R2.

ROKU went fast+furious w/o giving any more calculated long entries, so I remained under-sized here...

Sold small at the move to $322, bulk at the quick pop to $327, and then....got flat.

(-) Terrible last exit. Absolutely NO reason to get flat while it was flagging below R2=$330,
-- esp. since I had already sold most size,
-- I was under-sized to begin with.
I got flat minutes before the flag resolved to the upside and price squeezed to $332.

image


Execution detail:

Date/time Symbol Side Price Position
2021-05-18 09:45:02 ROKU buy $317.160 long
2021-05-18 09:55:45 ROKU sell $321.710 long
2021-05-18 09:57:40 ROKU sell $326.000 long
2021-05-18 10:18:39 ROKU sell $326.930 0


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