JPM Trade on Jan 21, 2022 09:47 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Nasty ER reaction and sell-off into confluence of support zone $141-146.5
a) bottom of 1-yr trading range/channel=$146.5
b) previous major break-out level=$141
c) ascending support line crossing around $143

-- I was definitely early on filler size - 1st entry in-front of $146.5s, added small at $145 at the close, risking $139s for whole size.
-- The gap-down right into $141 next day was easy long, Tier 0 bid got hit premarket, stop same below $139
-- Expecting strong bounce from this level into 9SMA@daily at a minimim.
-- 1st target 9SMA@daily, 2nd target $152s, maybe $157 if I get lucky (I will flip short if it gets there!)

Worked quickly, sold some $145s and $150s after quick 3-day bounce. Have remaining 50% on for 2nd target ($152s).

(-) Retracement and higher low at $142s, should have re-added some size, risking $140 low. Completely missed it.

Sold another 50% as it crossed 2nd target $152, will trail remaining and see if we can get $157s.

Flat at target. Excellent:)

image


Execution detail:

Date/time Symbol Side Price Position
2022-01-21 09:47:46 JPM buy $147.049 long
2022-01-21 13:27:01 JPM buy $145.348 long
2022-01-24 09:00:02 JPM buy $141.110 long
2022-01-25 15:38:16 JPM sell $145.940 long
2022-01-26 09:48:02 JPM sell $149.410 long
2022-02-04 15:30:43 JPM sell $153.331 long
2022-02-08 09:31:54 JPM sell $154.960 long
2022-02-08 09:37:37 JPM sell $156.440 0


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