PINS Trade on Aug 4, 2021 09:46 from mrideout: Tradervue User Stock Trades.

Daily:

Price levels: 65.72, 61.98, 55.24
Inst. Ownership: 75.70%
ATR: 5.44
AVOL: 16M
VOL: 12.85M
Float: 537.83M
Short float: 3.99%

Intraday:
Following the sell off on July 29th, price created a double bottom on the daily with resistance at 60. On market open, price initially rallied to 61, sold off, and then created a doji near the 5 min 50 ema. I got long on the break of VWAP expecting a rally to the 61.98 level or to the daily 9 ema. Price then sold off back to the 50 ema. Emotion (hesitation) took over and I failed to stop out when price fell below VWAP.

Price bounced off the 200 ema on the 5 min, and I got long on a 5 min new high expecting a reversal to new highs. However this bounce occurred on decreased volume, which was followed by a doji/hanging man near the 9 ema/20 ema on the 5 min. Price chopped in a range and finally broke below the support at 59.50, which is when I exited.

areas of improvement
- This trade was a cluster fuck. The entry thesis was valid, but when price broke below vwap I should have puked the trade and looked for opportunity else where. Now that I'm live, there is more hesitation again to stop out. I need to do daily visualizations again to get past that.
- The add was right idea, bad timing. I should have looked to add down at the 200 ema as price was very extended to the short side. Adding where I did was too late.