RVLV Trade on Jul 19, 2021 09:45 from MichaelBLe: Tradervue User Stock Trades.

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Shared by
MichaelBLe

 

Shares traded: 200
Closed Gross P&L: $46.43

Tags:

Daily:Channel Entry: Ladder Weekly: 10MA

Took this trade as a double bottom type in a channel. Only took a small position in this name. Probably won't add into it until there is better sign of market bounce. VIX is elevated and it's not a good time to get overly aggressive.

On the weekly chart, we had 2 large selling candles which raises the yellow flag for me. We closed off the bottom of the channel but there is still a high chance of the market condition being out of favor for awhile. Will keep my position small.
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Execution detail:

Date/time Symbol Qty Price Position
2021-07-19 09:45:11 RVLV 100 $64.320 100
2021-07-19 13:34:38 RVLV -100 $64.784 0


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