BB Trade on Jun 1, 2021 09:34 from manowar41: Tradervue User Stock Trades.

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manowar41

 

BB- MEME PLAYS SENTIMENT OF AMC

VOL 80MIL, RVOL 5.61, ATR .66

This was pullback trades, I was shorting it to the downsides, eyeing 10.76 which half bar, of daily charts. Idea if the the 10.76 act as resistance this could go further down. As the trade develop it did not break it and made new low LOD 10.52 were stubborn to break. It surges above this level. Buyers and weak selling in the volume bars starts to appear. Held a bit longer thinking it would go lower but its starts reversing and reclaiming back its resistance 10.76. Plus the RVOL were high in this one. So it filled the gap, tape were trappy, which I should always avoid the trade altogther whenever I see these. Learned how to trade future trend reversal using LOD and HOD as my signals.


Execution detail:

Date/time Symbol Side Price Position
2021-06-01 09:34:43 JUN04 21 10 PUT buy $0.4400 long
2021-06-01 11:19:48 JUN04 21 10 PUT sell $0.3700 long
2021-06-01 11:19:48 JUN04 21 10 PUT sell $0.3800 0


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