PLUG Trade on May 20, 2022 09:06 from surfnoby: Tradervue User Stock Trades.

****PLAN
Max loss for day $120
trade max loss $120 (but didnt get full size)
no trades past 7:45, if havent made money after 4th trade then leave

****REASON TO SELL
-SPY an QQQ were REVERSING very weak trapping longs
- 50 sma
- LIGHT volume
- triple top over 3 days
- 17 over under
-tape showing clear weakness
- A+ set up
****REASON TO COVER
-look to cover on clear weakness of the tape, if a certain price gets heavy an slows down, an buy picks up on bid an tape
-3:1 ratio profit targets
- turn of QQQ or SPY
- bullish REVERSAL PATTERN or candle stick pattern or brk an hold above key levl or area that shows the stock will reverse
- rejction into demand zone/ strcuture or key levl
-weak volume sellers stepping up
- clear 3:1 risk ratio
- brk above adjusted stop
- brk above levl which i am wrong
- or clear reversal of 13 erma
- rejection of whole #/ strength around whole #
-reclaims an holds above vwap an VOC

****THINGS I COULD HAVE DONE BETTER
-shouldnt of taken profit so early when theres no key levl to take profit
- should of noticed decreasing volume
- only should of cover shares if holds above vwap w/ volume, hold for 50 % retracement, knwing that price will ,most likely retrace, look for failed rejection off 2 day vwap w/ 5 taps of death, double top an 3 candles of death brking vwap retest an fails.
- should of had planned levl to of where stock will offically be a long so i can hold for bigger move