CRM Trade on Oct 14, 2021 09:36 from AtlasVanguardPaperTrading: Tradervue User Stock Trades.

Playbook:

Name: Larger Time Frame Accumulation Breakout at ATH

Big Picture:

CRM has been in a range just under ATH for about 12 months and it formed a nice falling wedge/ bull flag right under previous ATH from back in in august of last year. This turned into a huge Cup and Handle that eventually broke gapped over previous ATH and that is what put the stock in play for me on Oct 14, 2021.


TA:

I decided to buy into any weakness off the open at my load zone. The plan was to stop out at 284.50 and look for another entry if bids got taken out and no buyers stepped back up but the price action dictated that there were plenty of buyers stepping in front of the bidders at 284.50. I successfully snagged calls in this over sold zone and was immediately green. Took size off at my predrawn levels. I did foolishy enter on an indecision level at my 3rd intraday TP but i used small size and stopped it out as quicks as i could.