ADSK Trade on Jan 7, 2022 10:01 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Same thesis at the 12/21/2021 trade (the stop-out there was rather unfortunate:/).

Nice roll-over on increasing volume, looks ready to continue lower.

-- Got short filler size after got rejected for two consecutive days below $268 pivot, risking stop above 9/20SMA@daily=$276
-- Want to add Tier 0 if it stays below $268 and daily SMAs play a bit of catch-up with current price.
-- 1st target $247 at a minimum, $230s in play

01-10-2021 to 01-24-2021
Never added main Tier, despite stock facing a brutal rejection after pop to $270 and 3-day consolidation above $250 before the break-down.
Stayed with filler size which I also DID NOT TRADE IT properly and covered 80% relatively quickly.

Still in 1/4 of remaining size, stop $252s.

02-10-2022
Opened below $247-251 resistance area=bottom of almost 1-yr channel, got rejected when it tried to reclaim and rolled over.
---> Sellers rejected where they should, now it is holding lower.

-- Enough reason for me to add the size I should have added 1-month ago around $260s

Target $230 at a minimum. Keep an eye on earnings 02/23!!

02-11-2022
Worked like a charm. Took off 40% of recent add in-front of $228s previous support pivot.
Next station low $220s.

02-18-2022
Covered 75% into $220 target. Will hold remaining size through ER on 02/24

03-15-2022
Flat the stock. Annihilation trade. I am good even if it continues lower w/o me.
image


Execution detail:

Date/time Symbol Side Price Position
2022-01-07 10:01:45 ADSK sell $263.250 short
2022-01-10 10:09:32 ADSK buy $253.620 short
2022-01-21 10:33:52 ADSK buy $248.710 short
2022-01-24 10:19:19 ADSK buy $230.640 short
2022-02-10 10:52:24 ADSK sell $246.905 short
2022-02-10 10:52:37 ADSK sell $246.740 short
2022-02-11 13:48:29 ADSK buy $229.758 short
2022-02-11 14:32:36 ADSK buy $228.220 short
2022-02-18 10:49:16 ADSK buy $220.220 short
2022-03-15 15:20:56 ADSK buy $191.613 short
2022-03-15 15:32:30 ADSK buy $192.626 0


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