AMC Trade on May 19, 2021 10:32 from Steve_Trades: Tradervue User Stock Trades.

Short AMC on the break trhough the $12.75 level.
Let it wash through and entered on the bounce.
Carried it underwater a nickel before it followed through to the downside.
Early to cover into initial target of $12.50.
Sniped that final cover.
+1.5R

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-05-19 10:32:08	AMC	sell	$12.720	short
2021-05-19 10:40:24	AMC	buy	$12.565	short
2021-05-19 10:53:30	AMC	buy	$12.308	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMC&trade=31162306&end=20210519111630&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMC&trade=31162306&end=20210519131830&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AMC&trade=31162306&end=20210519160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AMC&trade=31162306&end=20210618&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Zoltan

2021-05-22 09:09:29

As usual, great job taking profit on the lows.
Learnt:
- treading break out is best on a pullback, which holds.
- foolish to freak out if it pops on a tinny 1min bar back
- Do not trade for home-run, take it off at the target

AMC Trade on May 19, 2021 10:32 from Steve_Trades: Tradervue User Stock Trades.

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