IBM Trade on Oct 22, 2021 09:32 from kingsbayanalytics: Tradervue User Stock Trades.

Trade Journal

Date:
2021-10-22

Underlying:
IBM

Option Details:
29OCT21 128P

Big Picture

SPY:
Gap down AH yesterday; rose back up PM

QQQ:
Gap down AH yesterday; rose back up over 21OCT highs PM

IWM:

Intraday Fundamentals

1D RVOL: 4.5
Clear Trend?: N;
gap down from previous range

Key Levels
Bull: $
Bear: $

News:

Technical Analysis

Next Big Sup/Res Level: $129.5 RES
Short Term: $
Long Term: $

Trade Mgmt

Reading Tape: N
Were there any clean levels day before?: Y;
40.5

Reason(s) to Sell

Price Target: $128
Intraday Trend Broken?: N
Breaking News?:
N;

Nearing Another Key Level?: Y
Unusual Seller on Tape?:
N;

Buying Pattern Dissipated?: N
Too Steep/Too Much Pullback?: N

Review
How Clean Was Trade?:
A-;
Got play from Yanni but I made my plan, did my DD and executed it well

Position Sizing:
Good;
Good for my TM and confidence in my DD at this point.

Play Type

Intraday: Opening Drive
Longer Term: N/A
Supply/Demand: 1H Supply
Market Profile: N/A

Summary
Good trade. No do the DD process again!