Shared by
dpaleo
Tags:
Fade
since mkt bias was bullish then why look away from name with bull potential on gap down, r/g, into big $67 level. Whatta perfect 3-5min flag on yest close to rest for power thru $67. Great 1min signal and BOOM $66.75 to $70 straight. The fade was fine but long was the trade. W/ regards to the fade, 1st re-add too close to 1st take profit - patience. Good proactive partial before high test, decent add on failed high (bit of a chase), but bad/late exit all. That 2min bounce back to highs is exit signal.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-02-17 09:42:52 | RIVN | -200 | $69.100 | -200 |
| 2022-02-17 09:43:09 | RIVN | -200 | $69.380 | -400 |
| 2022-02-17 09:43:18 | RIVN | -200 | $69.740 | -600 |
| 2022-02-17 09:43:49 | RIVN | -200 | $69.180 | -800 |
| 2022-02-17 09:47:54 | RIVN | 200 | $68.430 | -600 |
| 2022-02-17 09:48:45 | RIVN | -200 | $68.760 | -800 |
| 2022-02-17 09:55:23 | RIVN | 107 | $69.550 | -693 |
| 2022-02-17 09:55:23 | RIVN | 200 | $69.560 | -493 |
| 2022-02-17 09:55:23 | RIVN | 143 | $69.590 | -350 |
| 2022-02-17 09:55:23 | RIVN | 50 | $69.580 | -300 |
| 2022-02-17 10:00:12 | RIVN | -200 | $69.310 | -500 |
| 2022-02-17 10:07:23 | RIVN | 28 | $70.330 | -472 |
| 2022-02-17 10:07:23 | RIVN | 314 | $70.340 | -158 |
| 2022-02-17 10:07:23 | RIVN | 158 | $70.350 | 0 |
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