MRVL Trade on Mar 4, 2022 09:50 from mrijod168: Tradervue User Stock Trades.

TRADE 71
The plan was a trade2hold. I went long on a pullback in the 5MIN Chart at $66.97 at 09:50AM, risking to $65.00. We saw some follow through but then the stock couldn't break a bull flag on the 1Min Chart and after the strong open the stock moved already for a full ATR. That is something which is good to know. On a bigger picture the stock also has some resistance and that's something to think about. Maybe the idea of a trade2hold was not the right decision in this situation. Anyway I sold at 10:03AM, when the stock broke VWAP because I didn't want to risk my profits end my target was to end the week positive.

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-03-04 09:50:21	MRVL	buy	$66.970	long
2022-03-04 10:03:29	MRVL	sell	$66.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRVL&trade=40930421&end=20220304102929&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(8)&study2=sma(20)&compare=SPY');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRVL&trade=40930421&end=20220304105929&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(8)&study2=sma(20)&compare=SPY');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRVL&trade=40930421&end=20220304122829&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(8)&study2=sma(20)&compare=SPY');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRVL&trade=40930421&end=20220304200000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(8)&study2=sma(20)&compare=SPY');}

MRVL Trade on Mar 4, 2022 09:50 from mrijod168: Tradervue User Stock Trades.

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