ADSK Trade on Dec 21, 2021 10:25 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Very bad reaction to ER #s (in-line rev. guidance, soft EPS guidance), huge gap-down below major daily/weekly support level=$268, trapping almost every 21' buyer!!
Plan was to let it bounce in an attempt to close part of the gap, then get "short" once it becomes evident at which price/level trapped longs unload/trim exposure.

Saw the rejection at $280, and when price rallied back to the level:

-- Got short filler size, risking tight stop=$284, in order to be able to re-evaluate
at higher prices & 200SMA@daily=$293
-- Want to add Tier 0 if it starts rejecting $280 to the penny for a couple of days, momo add thru break of $268 pivot.
-- 1st target $247 at a minimum, $230s in play

Stopped out per plan. Let'se see if it can rally to the

200SMA@daily
.
image


Execution detail:

Date/time Symbol Side Price Position
2021-12-21 10:25:27 ADSK sell $274.330 short
2021-12-22 11:57:01 ADSK buy $284.136 0


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