ABNB Trade on Mar 10, 2022 10:04 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Another one in which I hesitated to short the 2nd time it rejected $160s, and I had to watch it going all the way to $130 w/o me. A bit brutal.

A bit of FOMO here, I had to chase lower and adjust size/risk, or stay on the sidelines again. It remains expensive so I felt better to take the trade, despite losing the proper enrty.
---> Need to be careful here, looks like I am sacrificing the good entries and chasing lower...tststs. Not the way to go:/

It showed strength in-front of previous support (now resistance) pivot=$150 which I was looking closely to short, so I risked wide stop:

-- Got short Tier 0, risking wide stop $160s
-- Expecting to reject either $150 or $160 and roll-over back towards $130
-- Want to add another tier once seller steps down, and $ABNB starts rejecting $150 to the penny, holding lower.
-- 1st target is $130, but if it follows playbook it should see ATL=$121.5 sometime soon.

03-18-2022
Flat per plan. Went the other way around and thru resistance pivot=$160
image


Execution detail:

Date/time Symbol Side Price Position
2022-03-10 10:04:17 ABNB sell $148.450 short
2022-03-14 11:59:25 ABNB buy $139.525 short
2022-03-16 09:38:52 ABNB sell $149.820 short
2022-03-16 09:39:20 ABNB sell $149.500 short
2022-03-16 09:39:36 ABNB sell $149.500 short
2022-03-18 09:56:37 ABNB buy $161.246 0


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