CAT Trade on Jan 13, 2022 11:56 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Alert hit as it crossed $227 and headed fast & furious towards R1=$228, level that broke back in June 21, and hasn't revisited since...today!! Leftover bag-holders from higher prices $228+, probably glad to unload.

Very extended in 15min+ timeframes + already >= 1xATR move, provided extra confidence in the trade, despite lack of "typical" technical reversal setup.

Had offer $227.9s, but once I saw the 1st rejection at $277.88, lower offer immediately.

Got short Tier 0 at the 2nd attempt to tag R1=$228, stop $228.6, expecting to reject a move lower, target VWAP.

Played instantly. Covered towards target, in-front of VWAP, flat in-front of $225 pivot.

(+) Excellent trade from thesis to execution to profit taking.

image


Execution detail:

Date/time Symbol Side Price Position
2022-01-13 11:56:22 CAT sell $227.820 short
2022-01-13 11:56:26 CAT sell $227.820 short
2022-01-13 12:14:20 CAT buy $226.520 short
2022-01-13 12:15:21 CAT buy $226.110 short
2022-01-13 12:20:50 CAT buy $225.260 0


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