ALF Trade on Jun 28, 2021 09:30 from emadjaymz: Tradervue User Stock Trades.

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emadjaymz

 

ALF : crazy stock everyone is watching it (former momentum stock)
low float 4M , small cap , ATR 2$
all times high was 20.75
premarket the stock tested all times high 20.75 from the bottom but did not break it
right before the open it dropped to the vwap and a cup started to form it bounced off the vwap and broke 20$ that was a good entry but i did not take it waited for the break of all times high 20.75 and got in at 21$ for a confirmation and sold my shares around 22$ for good profit and then the stock started to make lower highs that was a weakness sign and flushed down below Vwap .

what i did good : i was patience and my entry was good for the break of all times high taking profit was also good .
what i did bad : i left so much money on the table cause i got in late i only benefited of 40% of the move .
Improvements : my entry should have been the bottom of the cup on the VWAP for the break of big level 20$ for a bigger profit 80% of the move and should have added more for the break of all times high 21$.


Execution detail:

Date/time Symbol Side Price Position
2021-06-28 09:30:58 ALF buy $21.055 long
2021-06-28 09:31:32 ALF sell $21.789 long
2021-06-28 09:31:34 ALF sell $21.910 long
2021-06-28 09:31:42 ALF sell $22.036 0
2021-06-28 09:33:07 ALF buy $20.798 long
2021-06-28 09:34:42 ALF sell $21.035 long
2021-06-28 09:35:05 ALF sell $21.335 long
2021-06-28 09:40:33 ALF sell $20.338 0


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