WFC Trade on Feb 10, 2022 09:35 from spyrosz: Tradervue User Stock Trades.

One of the strongest name amid chaos & higher rates being tail-wind, but the way it was approaching long-term resistance pivot=$60 made short worth a shot.

I expected some fight and chop around $60 before seller assumes control, so no intra-day games here. Entry, wide stop, leave it alone in swing account.

-- Got short Tier 0 at the pop to resistance $60, risking 1xATR above the level $63s
-- Expecting a retracement to 9SMA@daily and consolidation below $60, before any serious attempt for higher prices.
-- 1st target tag of 9SMA@daily

02-14-2022
Working per plan. Covered 50% in-front of 9SMA@daily

02-17-2022
Covered small in-front of

02-24-2022
Covered bulk right in-front of $51 main target.
Next target 200SMA@daily=$49s

03-04-2022
Covered more in-front of 200SMA@daily=$49s, for last 5% will target $42s, stop 9SMA@weekly.

03-15-2022
Nice retracement into previous support level=$51, now expecting significant resistance here, as there bag-holders/trapped longs at higher prices.

-- Got short one Tier, tightening stop for whole size above $53
-- Expecting strong rejection here, sharp move away from price in the sessions to come.
-- 1st target $46s, main target is $42s.

03-22-2022
Flat and....wrong. Nasty open, didn't give me a chance to evaluate and see if I could cover some lower.