XM Trade on Mar 3, 2022 09:36 from spyrosz: Tradervue User Stock Trades.

Looks like it wants to follow the $COUR (almost identical chart), $BMBL, $WISH, $LMND playbook:
a) IPO pop
b) massive sell-off below IPO price
c) establish new low
d) followed by a rally that leads to a lower high vs ATH
d) sell-off and break-down below recent low, now getting rejected below the level
---> what follows?? ----> Slow bleed lower into oblivion...
(other possible candidates about to follow this playbook: $U, $COIN, $SNOW, $RBLX)

This is the 2nd time it tried to reclaim the previous low=$31-32 zone but got rejected. Took notice.

-- Got short Tier 0, risking $33s (1xATR=approx. $2 above $31)
-- Expecting seller to hold it down, roll-over and move lower
-- Will look to add another Tier if the trade plays per playbook, $XM fails to reclaim $31 any time soon
-- 1st target recent higher low $26, 2nd (main) target ATL=$23

03-04/07-2022
Profit taking in-front of 1st target & recent support pivot=$26s.
Holding bulk for main target ATLs=$23, same stop

03-25-2022
Failed to break above $31, instead opened weak and rolled-over.
-- Added back what I had previously covered, same stop for whole size $31.6s
-- Expecting a retest of recent support pivot=$26, then lower to main target ATLs=$23s

04-28-2022
$26 support pivot belongs to past. Took profits in-front it, now we are trading sub-20s.
Still short with 20$ of size left. Excellent trade!

05-11-2022
That magnificent trade came to an end!!