SBEV Trade on Jan 14, 2022 09:50 from motqns88: Tradervue User Stock Trades.

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motqns88

 

This was intended to be a quick scalp trade w. covering into the move to cover my risk. I entered on a break of the early morning high of $3.03(9:49am candle was the early high) which was a trigger in my plan that buyers would step in and a sign that buyers were in control. Buyers were hitting the offers (confirmed by tapes speed and volume). There was over 1Mill shares traded on the 1 min 9:50am candle. Volume on pull backs were not as much. The market met resistance failing to break over $3.30 level. and then faded and held $2.60's during the midday lull. My thought was that this stock will be in play later and potentially break the midday lulls intraday resistance of $2.94 before going on to break the early morning high of $3.30 and then potentially even breaking the whole number of $4. There was no apparent news or release on $SBEV today but on Tuesday 1/11/22, the company announced that it received authorization to sell its Tapout performance drink in Florida, beginning w. 47 Walmart stores located in Major Metropolitan regions.


Execution detail:

Date/time Symbol Side Price Position
2022-01-14 09:50:49 SBEV buy $3.159 long
2022-01-14 09:51:05 SBEV sell $3.220 long
2022-01-14 09:51:18 SBEV sell $3.210 long
2022-01-14 09:51:51 SBEV sell $3.158 0


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