Shared by
spyrosz
Very similar thesis to $AMZN. Another great r/r "long" idea.
In-front of important long-term support level=recent ER low=$99. Already tested it once and bounced.
-- Got long Tier 0 after flush to $99 support level got bought, risking 1xATR below the level $95s
-- Expecting buyers to defend the level, and then push away from pivot.
-- 1st target 9SMA@weekly=$114s
06-01-2022
Out of 40% of size, as idea worked well and we are approaching 1st target.
Tighetend stop to $104, let's see if it have a shallow pullback and stay relevant.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-24 12:14:23 | DIS | buy | $101.800 | long |
| 2022-05-27 09:28:21 | DIS | sell | $106.880 | long |
| 2022-05-27 15:02:38 | DIS | sell | $109.110 | long |
| 2022-05-27 15:02:44 | DIS | sell | $109.158 | long |
| 2022-06-01 09:37:01 | DIS | sell | $111.840 | long |
| 2022-06-09 09:42:06 | DIS | sell | $105.900 | long |
| 2022-06-13 09:31:58 | DIS | sell | $97.071 | 0 |
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