NOW Trade on Mar 29, 2022 13:13 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

2nd try to trade the $500-600 range in this one, after 1st failed attempt back in 02/10 ended in me stopping out >$615s, literally at the peak of that bounce, before the fast trip down to $500s.

Name remains expensive in terms of multiples. Strong resistance at $600-608=sellers defending the pivot aggressively=top of recent trading range=200SMA@daily, trying to form a larger "topping"?? pattern.

-- _Got short Tier 0, risking stop $621, almost 1xATR=$24.5 above the resistance level_
-- expecting seller to appear and reject price, for the roll-over lower
-- 1st target bottom of range $500, then eventually $450s

04-26-2022
That worked beautifully exactly per plan. Took profits on the way to target and right in-front of target.

04-28-200
ER AH gap-up right into previous support pivot=now resistance=$505 a market gift to trade around core and reload short one Tier, risking tight stop $525s for the add

05-09-2022
Covered close to $420s.

05-25-2022
Flat here. Magnificent trade, great executions.

image


Execution detail:

Date/time Symbol Side Price Position
2022-03-29 13:13:06 NOW sell $588.446 short
2022-04-01 09:59:44 NOW buy $549.780 short
2022-04-06 09:47:42 NOW buy $532.520 short
2022-04-11 08:09:52 NOW buy $508.520 short
2022-04-18 12:24:07 NOW buy $494.140 short
2022-04-26 16:10:33 NOW buy $451.110 short
2022-04-28 09:32:27 NOW sell $505.526 short
2022-04-28 10:45:18 NOW buy $487.235 short
2022-04-28 13:17:08 NOW sell $501.835 short
2022-04-29 10:08:15 NOW sell $500.246 short
2022-04-29 12:32:29 NOW buy $490.325 short
2022-05-02 08:46:49 NOW buy $475.110 short
2022-05-02 09:42:23 NOW buy $473.367 short
2022-05-02 15:15:08 NOW buy $479.885 short
2022-05-05 09:41:40 NOW sell $491.205 short
2022-05-09 15:01:29 NOW buy $430.720 short
2022-05-25 15:04:41 NOW buy $455.475 0


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