Shared by
spyrosz
Decent ER #s and good guidance, but got rejected on the after ER gap-up, continued lower next the following day breaking important long-term levels $292-300 area. Similar names ($TGT, $WMT, $DLTR, $BBY) getting decimated...
-- Got short filler, added Tier 0 after multiple rejections at $292 resistance pivot, risking 50% partial stop above 295s, rest 50% above $300s
-- Expecting downtrend acceleration here and a sharp move towards $260s
-- 1st target $263, then ideally $250 bottom of previous channel
05-26-2022
Never worked. Took stops as planned.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-19 15:38:33 | HD | sell | $289.331 | short |
| 2022-05-20 09:46:44 | HD | sell | $288.005 | short |
| 2022-05-25 10:22:37 | HD | buy | $293.600 | short |
| 2022-05-26 09:35:12 | HD | buy | $301.790 | 0 |
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