Shared by
spyrosz
Very similar thesis to $AMZN. Another great r/r "long" idea.
In-front of important long-term support level=previous major breakout pivot & Covid low=$75s. Already tested it once and gave a $25 bounce.
-- Got long Tier 0 at the flush to $75 support level, risking 1xATR below the level $67s
-- Expecting buyers to show up and defend the level.
-- 1st target 9SMA@weekly=daily resistance pivot=$100, main target 20SMA@daily=$118s
05-27-2022
Out of 40% of size, as idea worked well and we are at 1st target.
Tighetend stop to $82, let's see if we can get sth more from here.
06-10-2022
Tigetened stop to $85 got hit. Flat.
Tried to hold & trail as much as possible.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-24 12:48:42 | ROKU | buy | $76.399 | long |
| 2022-05-24 12:57:55 | ROKU | buy | $76.826 | long |
| 2022-05-26 12:33:41 | ROKU | sell | $87.352 | long |
| 2022-05-27 07:00:29 | ROKU | sell | $90.110 | long |
| 2022-05-27 12:19:16 | ROKU | sell | $92.835 | long |
| 2022-06-03 11:03:43 | ROKU | sell | $87.902 | long |
| 2022-06-08 09:44:16 | ROKU | sell | $100.650 | long |
| 2022-06-10 10:55:46 | ROKU | sell | $84.750 | 0 |
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