LULU Trade on Dec 17, 2021 09:36 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Free-fall into confluence of support $379-384 area:
a) 200SMA@daily=$379
b) major previous break-out level=$384, that had been tested and defended at least 4 times in the last 6-months
c) major ascending support line at $389, est. back in 2019
d) significant volume profile < $380

-- Got long filler size at the opening flush to 200SMA@daily=$379, risking 1xATR below, $365
-- Would like to see 2-3 days consolidation, buyers stepping up and clean hold above $384, before adding main tier
-- 1st target 9SMA@daily, main target $415 resistance

Stopped out for a small loss. Gross action. Sliced thru the 200SMA@daily like it wasn't even there. Will re-evaluate once we get more clarity and indices look better.

image


Execution detail:

Date/time Symbol Side Price Position
2021-12-17 09:36:40 LULU buy $380.000 long
2021-12-20 11:03:09 LULU sell $367.490 0


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