CAT Trade on Sep 16, 2021 14:29 from spyrosz: Tradervue User Stock Trades.

Daily but esp. weekly chart looks set for the break-down of $203 and a move towards $185s.
- Rejecting 9SMA@weekly
- Below 50SMA@weekly
- Room to the down-side. No imminent support below $203.
- DIA & DJT showing weakness vs rest market, same goes for the whole cyclical/refletion trade.

Got short filler size, risking previous weekly candle's high.

Thesis played out quickly and in a big way. I was very well-prepared and executed perfectly.

Premarket plan was to get "short" only when it managed to clear and hold below support S1=$203, expecting move to S2=$199.3 for starters.

Opened below the support level, tried to remount at the open, but got rejected.

Added Tier 0, risking yesterday's close $203.6, expecting to roll-over and move back to LOD.

Very weak action. Covered small at LOD, more at quick flush to $200.5. Buyers tried to make a stance in-front of $200s, so I lightened more and started thinking of good spots/prices to re-establish size.

Pop out-of-nowhere to VWAP was market gift. Added one tier, risking tight stop above $202s, then added another tier as name was holding below VWAP putting a series of lower highs and "sell-off into the close" pattern emerged.

Covered small in-front of LOD, added two momo tiers once it broke, got rejected to the penny and held below, risking tight stop $200.6s for the adds, expecting momo flush to target S1=$199.3.

Covered momo adds + some core at flush lower, held rest size swing short, stop $202, targets $199-199.3, then $185 zone.

(+) That's one hell of short trade, from thesis to price action reading to execution!!