WISH Trade on Aug 13, 2021 09:37 from mrideout: Tradervue User Stock Trades.

Daily:

Price levels: 9.19 @ 9 ema, 8.81, 7.52
Inst. Ownership: 93.70%
ATR: 1.12
AVOL: 45.8M
VOL: 213.8M
Float: 366.31M
Short float: 7.95%

Intraday:
Prior day had a major sell off down to the 7.50 level. I was expecting there to be short covering today since price was extended from the daily 9 ema. I initially went long for a 5 min ORB as price began breaking above the 5 min 50 ema looking for a move to the 200 ema. However, price sold off to the 6.75 price level and stopped me out.

areas of improvement
- Price was extended from the 9 ema on the daily chart, so a retracement was not unlikely. Good job considering this.
- Premarket created a low, and then a higher low which held on 3 separate occasions. This indicated an uptrend was forming.
- When price broke below vwap, just exit, or on any sign of weakness. ORBs are momo plays and you want to see the price run.
- Given that 6.75 had held 3 times, entering here would have been smarter.