Shared by
spyrosz
Looks interesting below $242 previous support pivot, as people have recently paid $242+ expecting move higher to ATHs but it kinda screwed them. Maybe some of them would like to trim/cut exposure close to b/e.
-- Got short Tier 0 in-front of $242 resistance pivot, risking a bit wide stop >1xATR above $242 resistance, $249s
-- Want to see seller establish himself, and reject price close to $242 for starters.
-- 1st target $230s recent low, main target $220s.
05-27-2022
Never worked. Stopped out per plan.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-24 09:36:52 | MCD | sell | $240.640 | short |
| 2022-05-24 09:44:31 | MCD | sell | $241.240 | short |
| 2022-05-24 09:50:23 | MCD | sell | $241.600 | short |
| 2022-05-24 10:06:37 | MCD | sell | $241.260 | short |
| 2022-05-26 09:59:35 | MCD | buy | $249.080 | short |
| 2022-05-27 09:50:02 | MCD | buy | $250.800 | 0 |
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