GM Trade on Mar 7, 2022 15:07 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Retraced 50% of the COVID move, now in-front of serious confluence of support=$40
a) Nose-dive & extention into major previous break-out level=previous long-term resistance pivot=$40. 200SMA@weekly also sitting $41
b) Extended in the weekly

-- Got long right before the close as it flushed right into the level, risking 1xATR=2.0 lower $38s
-- Expecting buyer to show up and hold above the level, slowly working its way higher by reclaiming the

9SMA@daily
.
-- Would like to add when it reclaims the 9SMA@daily, and starts respecting it as support
-- 1st target 9SMA@weekly, then $47

03-09/14/2022
Selling some size here, playing defense in-front of 9SMA@daily which seems to hold for now.
Tighted stop to $39.

03-22-2022
Sold more, market getting over-extended here, GM showing some relative weakness.

03-28-2022
Exactly what I should have done with $PYPL (instead of getting flat). $GM holding higher, building base, looking ready to move higher.
-- Re-loaded long one Tier, tightening stop for whole size below base $42.9
-- Target remains 9SMA@weekly and $46-47 area

03-29/30-2022
Sold bulk at target.

04-01-2022
Flat small trailer as it broke previous support pivot and lost daily MAs.

image


Execution detail:

Date/time Symbol Side Price Position
2022-03-07 15:07:57 GM buy $40.060 long
2022-03-09 10:01:06 GM sell $42.124 long
2022-03-14 10:30:17 GM sell $42.111 long
2022-03-14 11:58:19 GM sell $41.345 long
2022-03-14 11:58:19 GM sell $41.345 long
2022-03-22 10:59:38 GM sell $44.585 long
2022-03-22 11:00:09 GM sell $44.520 long
2022-03-22 11:00:09 GM sell $44.520 long
2022-03-28 15:23:46 GM buy $43.965 long
2022-03-29 09:31:03 GM sell $45.760 long
2022-03-29 09:33:48 GM sell $45.870 long
2022-03-29 09:51:22 GM sell $46.420 long
2022-03-29 09:54:23 GM sell $46.220 long
2022-03-30 15:23:14 GM sell $45.092 long
2022-04-01 11:28:03 GM sell $42.970 long
2022-04-01 11:28:03 GM sell $42.970 0


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