Shared by
MichaelBLe
Tags:
Daily: PEG Down
Entry: Ladder
Exit: Discretionary
Exit: Mechanical
Short
Took this as a feeler short. Gap down on ER report. Retesting the 20ema and I still like this set up. Conditions are just very tricky right now.
7:03PM
I traded this again on the short side. But this had great intraday volume to support the buying. I didn't see it at the time I made the 2nd trade. And I shouldn't have taken it short again. My theory was it would get rejected at the 50sma at least. Or overshoot the 20ema and reject. Tops take time to form. And I was potentially too early for it.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-08-18 10:28:34 | RBLX | -40 | $80.580 | -40 |
| 2021-08-18 10:28:34 | RBLX | -10 | $80.580 | -50 |
| 2021-08-18 10:46:10 | RBLX | 50 | $81.670 | 0 |
| 2021-08-18 11:11:20 | RBLX | -50 | $81.610 | -50 |
| 2021-08-18 12:04:54 | RBLX | 16 | $82.500 | -34 |
| 2021-08-18 12:04:54 | RBLX | 6 | $82.500 | -28 |
| 2021-08-18 12:04:54 | RBLX | 8 | $82.500 | -20 |
| 2021-08-18 12:04:54 | RBLX | 20 | $82.500 | 0 |
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