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=$105s. Already tested it once and held.
-- Got long Tier 0 as buyer had already established himself buying $105s. Added another tier next day as for some reason this opened below $105 but quickly reclaimed the level and never looked back, risking 1xATR below the level $101s
-- Expecting buyers to continue defending the level and eventually $NKE to move away from price.
-- Main target 9SMA@weekly
05-31-2022
Down to 40% of size as target got hit today in-front of $120 resistance.
Tighetend stop to $112s, let's try to see how it holds around $120s.
06-10-2022
Good sells into $120 area.
16% size remaining with stop below $113.
06-13-2022
Flat here as it lost $110
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-24 12:49:34 | NKE | buy | $106.680 | long |
| 2022-05-24 12:51:11 | NKE | buy | $106.689 | long |
| 2022-05-25 09:44:40 | NKE | buy | $105.870 | long |
| 2022-05-26 09:54:48 | NKE | sell | $111.160 | long |
| 2022-05-26 12:33:50 | NKE | sell | $112.702 | long |
| 2022-05-27 12:19:48 | NKE | sell | $115.175 | long |
| 2022-05-31 13:33:16 | NKE | sell | $118.452 | long |
| 2022-06-02 10:22:10 | NKE | sell | $119.875 | long |
| 2022-06-02 14:18:34 | NKE | sell | $122.730 | long |
| 2022-06-06 12:05:17 | NKE | sell | $119.970 | long |
| 2022-06-08 10:14:39 | NKE | sell | $123.130 | long |
| 2022-06-10 09:30:02 | NKE | sell | $116.550 | long |
| 2022-06-13 09:30:02 | NKE | sell | $110.270 | 0 |
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