COCP Trade on Jul 29, 2021 09:32 from Sahir: Tradervue User Stock Trades.

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Sahir

 

Before:

Started scaling in little by little. I waited for the pull back and now I'm in full size

During:

Lots of buy order on level 2, but they are struggling a bit.
There's a lower low which makes me think it's doing the same thing as the

stock from yesterday
.
There's a lot of pressure from both sides, which is keeping it within a channel for now. It held pre-market support level nicely.
Now testing top of channel and HOD where there's a sell wall.
It broke through the sell wall, and I added on the dip. It's taking a couple of minutes to continue upward, which is making me uncomfortable. Looks like it was a bull flag so that's cool.
Now it's testing pre-market high and I'm buying the dip again.
It's taking a few minutes to continue and I'm uncomfortable again. It might be making a second bull flag, but second bull flags seem to fail all the time. I'm risking right below VWAP now where my average price is.
I reduced my size a bit.

After:

It broke under VWAP so I sold at my average price. I made a bit more than break even. I think I should've seen that the second leg up might be weak, and that's where I should have sold instead of waiting for a breakout. I also should have added a lot more on that second dip.
This was actually kinda bad.
Also, I don't need to feel uncomfortable when it dips a bit.

Link to chart


Execution detail:

Date/time Symbol Side Price Position
2021-07-29 09:32:46 COCP buy $1.410 long
2021-07-29 09:34:20 COCP buy $1.340 long
2021-07-29 09:34:30 COCP buy $1.320 long
2021-07-29 09:44:29 COCP buy $1.410 long
2021-07-29 09:48:47 COCP sell $1.470 long
2021-07-29 09:49:55 COCP sell $1.490 long
2021-07-29 09:51:17 COCP buy $1.450 long
2021-07-29 09:54:35 COCP sell $1.420 long
2021-07-29 10:02:51 COCP sell $1.365 0


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