PLTR Trade on Jun 4, 2021 12:47 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Idea, Entry, and Risk:

*Idea: Breakdown from daily support, potential fade downwards
*Entry: ~24.30 starter, scale up if right.
*Risk: 1:2 (Prev. Key 24.60 vs G/R - 23.60)

Catalyst and News:

"Healthcare App"

Fundamentals:

n/a

Technicals:

Approached earlier week high but slow, overall fails.

Summation:

Snoreville. Safe bet but no real range and ticks for 1-3 cents every ten minutes. Breakdown was a good callout and stayed pretty heavy from the 24.30s, but after that it was just a slog. Stayed in since the breakdown was happening but gradually after the VWAP test and fail it just came back and decided to stay in a 10 cent range for the last hour. Up green but kind of annoying.

Takeaways:

Avoid stuff like this. It's good to keep away from wild swings with the meme stocks and AMC call buyers getting bagged, but take note that you don't get stuck in something that's barely moving.


Execution detail:

Date/time Symbol Side Price Position
2021-06-04 12:47:00 PLTR sell $24.280 short
2021-06-04 12:47:02 PLTR sell $24.280 short
2021-06-04 13:58:41 PLTR sell $24.120 short
2021-06-04 15:55:20 PLTR buy $24.050 short
2021-06-04 15:57:26 PLTR buy $24.040 0


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