PENN Trade on Aug 25, 2021 09:30 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

3rd time was the charm. Finally managed to break and close above the all-important $73 daily resistance level for the 1st time yesterday. On main watch today for continuation higher as next resistance level was the 20SMA@weekly=$78.

Premarket plan was to get "long" at the opening flush to S1=$73, risking tight stop below the level, expecting the move to R1=20SMA@weekly=$78.

Played wayy better than expected that kinda surprised me. Flushed to S1 at the open,

bid for Tier 0 got hit, risking tight stop $72.4s, expecting the move to R1=$78.

Sold on the way to target, got flat in-front of R1.

(-) How the f@ck I ended up with no swing-long size here??
-- Thing exploded higher, on massive volume and RVOL>>2.0.
-- Quickly realized the high-probability of a trend day. Already on target after 1.5hr in the session.
-- Should have been more patient with exits, and trail some size vs 9EMA@15min chart. Ended up another $2 higher than last exit with more room to the upside.

(+) I do have the LOD fill at $73.11. lol
image


Execution detail:

Date/time Symbol Side Price Position
2021-08-25 09:30:01 PENN buy $73.110 long
2021-08-25 09:38:28 PENN sell $74.880 long
2021-08-25 09:46:47 PENN sell $75.850 long
2021-08-25 10:02:14 PENN sell $76.830 long
2021-08-25 10:54:21 PENN sell $77.461 0


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