Shared by
spyrosz
Monster dive into major long-term support, esp. for a value name that pays significant divident.
Ok, not so significant compared to inflation, but significant compared to the tech "0-divident, high growth" shitco's out there.
I wanted to get involved as close to $45 support as possible,
-- Got long half-Tier 0 as it reversed before hitting $45 and I FOMOed in, risking a bit more than 1xATR=$1.3 below the level $43s
-- Want to add rest 50% into any flush to $45 support level
-- Expecting sharp reversal here as people realize that divident > no divident.
-- 1st target $50s, then top of range $54s
05-10-2022
Out of 50% in-front of 1st target $50s
05-24-2022
Best long in a while, unfortunately, not with a size I wanted:/
Got flat as it pushed into $50.5-51 resistance
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-02 15:06:42 | VZ | buy | $45.845 | long |
| 2022-05-04 14:58:48 | VZ | sell | $48.240 | long |
| 2022-05-10 09:52:58 | VZ | sell | $49.055 | long |
| 2022-05-12 10:54:28 | VZ | sell | $47.523 | long |
| 2022-05-24 14:08:52 | VZ | sell | $50.345 | 0 |
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