Shared by
spyrosz
Day 3 of massive post-ER run into significant daily resistance R1=$246.
Premarket plan was to "short" the opening pop to R1, expecting a hard rejection there, loss of VWAP and a move to S1=opening print/yesterday's close=$241.
Played nicely. Popped to R1,
got short filler size, risking a bit wide stop above R1 $248s, added Tier 0 once it failed to hold above R1 and rolled over, added momo tier thru VWAP break, tightening stop to HOD, expecting move to target.
Covered half at the flush to $242-243 level, got faked out of the rest.
(-) No excuse for NOT reloading the size after it failed to remount VWAP and had two consecutinve VWAP rejections to the penny, before move to target. Should have paid attention!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-06-08 09:36:16 | DOCU | sell | $245.800 | short |
| 2021-06-08 09:43:44 | DOCU | sell | $245.140 | short |
| 2021-06-08 09:44:59 | DOCU | sell | $244.060 | short |
| 2021-06-08 09:54:00 | DOCU | buy | $243.110 | short |
| 2021-06-08 10:49:17 | DOCU | buy | $244.120 | 0 |
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