DOCU Trade on Aug 9, 2021 14:57 from MichaelBLe: Tradervue User Stock Trades.

8-9
8:19PM
I started a small position in this name to keep a tally on it. The volume starting to slowly trickle into the final 3 hours of the trading day. VCP type pattern right below the pivot point of 309. Waiting for price and volume confirmation before adding the remaining shares.

8-10
6:37AM
I added very aggressively this morning. There were multiple stocks gapping up in the morning and they have been holding so far.

What I like in DOCU in particular is the massive morning volume it's having already. Within a few minutes after the open, we were above the 50 day average for the 1st hour bar. I want to see the volume sustain as the day progress. We are breaking the ATHs and it needs that volume to get it out of the gates.

"A race horse doesn't run backwards into it's stall" Or something like that...

7:35AM
Sized into this trade aggressively and knew I was taking more of a risk. The trade didn't work out despite the volume. Will most likely need to reset for a couple days before it tries again. It was the right trade to get aggressive.

I should look into adding reducing exposure as the stock pulls back from the morning highs, Such as selling half when the stock lost the opening range. Or somehow reduce the risk as the stock loses steam.