XM Trade on Feb 7, 2022 11:00 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Losing $1B in a higher rates environment, however managed to stage a rally after ER #s.
Today pushed into major resistance area=long-term previous support level that had been tested multiple times since IPO=$31-32.

Couldn't short it in TD, had to take the trade in intra account (IB).

-- Got short Tier 0, risking 1xATR above resistance=$31 $33s
-- Really liked the strong rejection today of $31 almost to the penny, seller is there.
-- Would like to add another tier if it stays below $31 for a couple more days, getting rejected. I am expecting to roll-over eventually and head back towards $22s
-- 1st target $26, 2nd target $22

02-10-2022
Stopped out literally at the peak of the move. But this thing wasn't playing per plan:/
Can't win them all.

image


Execution detail:

Date/time Symbol Side Price Position
2022-02-07 11:00:44 XM sell $30.430 short
2022-02-10 10:32:17 XM buy $32.650 short
2022-02-10 10:42:18 XM buy $32.810 0


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