HD Trade on Dec 27, 2021 09:34 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Potential candidate for "Picking Top" trade, low confidence though because of sector:

-- Fundamentals ok, or at least not crazy
-- Technicalls: a) big rally from $325 low to $420, 70% up for the year vs +25% for SPX, b) finally some kind of volatility, breaking the 9/20EMA@daily and trading lower, c) lost $400 previous support pivot, d) strong bounce higher at the 50SMA@daily

At the push into previous support=$400,
-- Got short filler size, risking stop ATHs=$421,
-- expecting to stall here and roll-over, or push thru but fail to make a new ATH, then roll-over
-- Will add main tier, once seller becomes obvious, and price holds/rejects $400 for a few days
-- 1st Target $375-380 at a minimum, $350-360 area would be ideal

01/10/22
No new ATH...Rolled over in a big way. Small cover at the retest of $380 low.
Never managed to bounce towards $400 that I was stalking for the main add. Left with filler size on that one.

01/14/22
Small cover in-front of the daily gap-fill $374.5.
Let's see if we can get $340 for last lot.

image


Execution detail:

Date/time Symbol Side Price Position
2021-12-27 09:34:29 HD sell $399.510 short
2022-01-10 09:58:24 HD buy $383.370 short
2022-01-10 10:18:06 HD buy $381.865 short
2022-01-14 11:04:47 HD buy $376.470 short
2022-01-21 09:48:03 HD buy $351.880 0


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