VIAC Trade on May 20, 2021 10:05 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Idea, Entry, and Risk:

*Idea: Blow off from P/M and enter after confirmation, especially under VWAP
*Entry: Starter right under VWAP, scale on pops.
*Risk: 1:3 (HOD vs prior day's peaks)

Catalyst and News:

Several price analyst target increases, P/M morning push

Fundamentals:

n/a

Technicals:

n/a

Summation:

Saw massive morning blow off and FF chances into where nobody wanted to buy at VWAP. 41s seemed heavy, took there. Added on the push out of VWAP later, thinking the squeeze wouldn't hold.

Higher lows and the eventual VWAP support spelled otherwise. Out EOD. Never fully sized.

Takeaways:

Just wrote about following plans yesterday, and strayed again. The setup was there, but the tape apparently told a different story. Slight basketball analogy at the bottom into the push.

I can trade better than this. Will pay more attention to the PRs and keep focusing on tape.


Execution detail:

Date/time Symbol Side Price Position
2021-05-20 10:05:03 VIAC sell $41.150 short
2021-05-20 12:15:55 VIAC sell $41.010 short
2021-05-20 15:19:12 VIAC buy $41.800 0


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