ROKU Trade on Jul 27, 2021 09:37 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

On main watch after massive rally from $340 to test ATHs=$486.
- extended in every timeframe possible
- ER on 08/04, so maybe some people would book some profits up here before the report
- I really liked how sellers rejected price to the penny at R1=ATHs=$486 twice the previous day

Premarket plan was to get "short" at the opening pop to R1=$486, expecting to reject price, roll over, break thru VWAP and move towards S1=$469, maybe S2=$459-460 area.

Played per plan. Opened super-strong and popped to R1=$485. Strong tape, got me by surprise.

Got short filler size, risking above R1=$485 & ATHs=$486 $488s, expecting to reject hard, roll-over, break thru VWAP and move lower.

Stop proved to be super-tight for the name (ATR=$24). Got stopped out easily here.

Stayed with it as Qs were getting smoked right from the open, with all major tech lower. After putting a massive 5min shooting star,

Got short filler, risking HOD=$491, added as it looked stuffed in-front of R1=$485 + Qs selling-off hard, same plan.

Covered small towards S1=$469, bulk at S2=$460, got flat at S3=$445 for a massive winner.

(-) Could have added momo tier at the 30min consolidation below S1=$469, risking VWAP for the sell-off to S3!!
image


Execution detail:

Date/time Symbol Side Price Position
2021-07-27 09:37:25 ROKU sell $484.850 short
2021-07-27 09:41:10 ROKU buy $488.630 0
2021-07-27 09:45:03 ROKU sell $484.140 short
2021-07-27 09:51:46 ROKU sell $484.110 short
2021-07-27 10:00:02 ROKU buy $480.220 short
2021-07-27 10:03:14 ROKU buy $475.550 short
2021-07-27 10:07:38 ROKU buy $470.310 short
2021-07-27 11:15:58 ROKU buy $461.210 short
2021-07-27 11:21:42 ROKU buy $457.350 short
2021-07-27 11:34:36 ROKU buy $447.110 0


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