Shared by
JRockTrades
Tags:
Mean Reversion
Support
VWAP
ROKU had breaking news yesterday about something with Apple TV. It made a big move higher, but was selling hard today.
ROKU was pulling into 445 support area, which was a level for many days now that I've been interested in. I went long with $1 risk. First trade was a stop, but I reentered slightly lower and that trade worked. My profit target was 450 area around VWAP, but if it moved strongly above it, I wanted to have some position left. That didn't happen and hit my trailed stop.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-07-01 09:54:01 | ROKU | 29 | $445.820 | 29 |
| 2021-07-01 09:54:01 | ROKU | 20 | $445.820 | 49 |
| 2021-07-01 09:54:01 | ROKU | 1 | $445.820 | 50 |
| 2021-07-01 09:55:37 | ROKU | -25 | $444.830 | 25 |
| 2021-07-01 09:55:37 | ROKU | -25 | $444.830 | 0 |
| 2021-07-01 09:57:11 | ROKU | 21 | $444.100 | 21 |
| 2021-07-01 09:57:11 | ROKU | 29 | $444.100 | 50 |
| 2021-07-01 10:02:04 | ROKU | -10 | $447.450 | 40 |
| 2021-07-01 10:02:40 | ROKU | -5 | $448.090 | 35 |
| 2021-07-01 10:04:07 | ROKU | -5 | $448.480 | 30 |
| 2021-07-01 10:04:26 | ROKU | -5 | $449.230 | 25 |
| 2021-07-01 10:05:43 | ROKU | -10 | $449.640 | 15 |
| 2021-07-01 10:07:18 | ROKU | -15 | $447.710 | 0 |
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