F Trade on Jan 5, 2022 09:37 from motqns88: Tradervue User Stock Trades.

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motqns88

 

Was looking weak on the open after closing pretty strong on 1/4/22 w. news of Ford pushing to double production of the new F-150 Lightening EV Pickup due to a high demand. The weakness I seen was a sell off on the open in the first 2 mins followed by a upside retracement that failed to breach the open price. My thought was people wanted to take profit. Tape confirmed bids getting hit w. no bids holding. I did a quick short covering into the move to cover risk but covered completely when I seen the $23.60 level having trouble breaking down. When it did break through this level it was more of a fake out, not holding below w. follow through volume. The pattern started setting up and looking bullish. Unfortunately for me this was my last day trade for the week. I noticed that a bearish channel was apparent. The bearish channel ended up breaking. The stock proceeded to the upside w. volume and buyers stepping up. Many good r/r points presented itself on the long side. The stock went on to break prior days close and highs. I'm so close to breaking PDT. Tax returns hopefully will put me there. Lol!


Execution detail:

Date/time Symbol Side Price Position
2022-01-05 09:37:26 F sell $23.850 short
2022-01-05 09:37:42 F buy $23.827 short
2022-01-05 09:38:24 F buy $23.738 short
2022-01-05 09:38:51 F buy $23.697 short
2022-01-05 09:39:22 F buy $23.630 short
2022-01-05 09:45:04 F buy $23.790 0


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