DOCS Trade on Aug 17, 2021 09:35 from MichaelBLe: Tradervue User Stock Trades.

6:59AM
I took DOCS long this morning because the relative strength it was showing yesterday as the market pulled back. My positions in AAPL and UPST were very volatile but if you look at candles from yesterday, you will see there was little to no volatility in the price. This is a sign of strength and institutions supporting the stock.

I have 3x the size of the initial buy. Using my unrealized gains to finance this trade. I want to add another lot when the conditions get better and we break ATHs.

As pointed out by PBA, DOCS has a lot of institutional sponsorship although it's in the IPO stage.

This company is having good earnings growth the last 3 quarters. The sales growth is also very good. This is a cloud based company that is for the medical field. 2 good sectors I think are important as of late.

8:01AM
A little larger than planned of a loss. My stop was too close and it is still within the previous candles range. I like how it's setting up but I do not like the conditions. If it were better conditions, I would try it again.

I'm going to sit and observe the conditions. There was a rotation into software stocks this morning. It's a tough environment to trade right now. Sit and wait....