Traded below major previous MULTI-YEAR resistance, now acting as support=200SMA@weekly=$68, but once Ukraine-Russia War broke and everybody got the energy chills, reclaimed the level with authority and rallied all the way to $76.
ER #s led to a dump back below $68,
-- Bid for Tier 0 got hit in-front of $68, risking wide stop below $60
-- Would like to see buyers stepping up, holding price above $68 for another add.
-- Thru descending 9SMA@weekly and there is nothing to hold it down until high $80s (1st target). Main target would be $89.
03-08-2022
Totally missed the add once it reclaimed 200SMA@daily=$66.5, held above it (to the penny) the next two days and powered thru. Explosive move on heavy volumes here!!, take note.
Sold 20% in-front of 1st target-resistance pivot $79 as per plan.
Patience with rest 80%, willing to buy back the 20% sold in a pullback.
03-10-2022
-- Added half-tier at the pullback to 9SMA@daily, tightening stop for whole size at $62s
-- Target remains $89
03-22-2022
Needs to clear that $80-81 area and push higher. Small profit taking.
03-28-2022
Unexpected spike towards main target. Sold small.
04-05-2022
-- Re-loaded what I sold from latest entry at the pullback to $80-80.5 support pivot, risking stop $76.9s for whole position
-- That close though doesn't look good.
-- Want to get $88-89s here
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-03-01 16:23:15 | FSLR | buy | $68.000 | long |
2022-03-08 09:46:14 | FSLR | sell | $78.710 | long |
2022-03-10 10:42:49 | FSLR | buy | $74.795 | long |
2022-03-22 10:04:18 | FSLR | sell | $79.930 | long |
2022-03-22 12:05:06 | FSLR | sell | $79.594 | long |
2022-03-28 09:43:09 | FSLR | sell | $83.720 | long |
2022-04-05 09:44:07 | FSLR | buy | $81.623 | long |
2022-04-11 09:30:06 | FSLR | sell | $76.290 | 0 |
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