KLAC Trade on Aug 9, 2021 10:49 from MichaelBLe: Tradervue User Stock Trades.

8:43AM
Took an starter position to get this name on my radar moving forward. I like how it's setting up and tightening up on the right side of the chart.

I do wonder though if we will get a shake out of 2 before the stock actually breaks out. It seems a bit too obvious...

8:04AM
I took this trade off towards the last hour of the trading day. As stated above, there was something that I didn't like about the trade. It seemed to obvious.

A key detail that I noticed while reviewing this trade was the lack of volume in the first hour. Although I didn't state that in the notes above, I did mentally make note of it. The lack of volume near the pivot point will most likely cause the stock to reject. Not only in KLAC, but in all names that are near their pivot points.