PDD Trade on Nov 26, 2021 09:32 from TheFrenchTrader: Tradervue User Stock Trades.

Gravatar

Shared by
TheFrenchTrader

 

The stock was gapping down in pre market following earning results, and it bounce back from the $65 level to $75. While i missed the top reversal set up at $75, i waited to see if it will break the $72 level.

As soon i saw on the tape it was about to break support with a tweezer top forming on the 1 min chart, i enter the short.

1st PT around the $70.5 with 2 more along the way to the $68.

I wanted to leave the last 10% for a further downside during the rest of the session, but i adjusted my stop to the wrong level and it got triggered.


Execution detail:

Date/time Symbol Side Price Position
2021-11-26 09:32:58 PDD sell $72.140 short
2021-11-26 09:33:57 PDD buy $70.630 short
2021-11-26 09:39:24 PDD buy $69.460 short
2021-11-26 09:40:22 PDD buy $68.100 short
2021-11-26 09:46:36 PDD buy $69.800 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in