JETS Trade on Jun 17, 2022 10:04 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Fast & furious sell-off, extended even from 9SMA@daily, back into levels that hasn't seen from late 2021s. Should be good for a small bounce at least. Pure technical play, so set reminder not to overstay welcome.

-- Got long at the opening flush to long-term support & previous major break-out level=$15.8-16, risking 15s, 1xATR=$0.75 below the support level
-- Expecting sharp move away from price...No sideways action here.
-- 1st target 9SMA@daily, main target 9SMA@weekly

06-23/24-2022
Small profit taking. I think it can see $18 and close the gap on daily. Still extended from 9SMA@weekly.

06-28-2022
Way stronger rejection than expected but remains over-extended from

9SMA@weekly
. Sold some at the opening pop towards $17.7s resistance and door to daily gap $17.7-18.2s.
There is still time & room to run if it wants. I think the daily gap $17.7-18.15 will close before it makes a decisive move lower.

06-30-2022
Got rejected in-front of the daily gap $17.7-18.15 and rolled-over quickly back to initial entry $16s...

-- Re-loaded long whatever I had sold previously $17+, risking same stop below $15 for the whole size
-- Main target remains the daily gap-fill at $17.7-18.15s.

07-12-2022
Finally, it showed some power and broke thru $17 resistance pivot, reclaiming both 9&

20SMA@daily
. Still extended from
9SMA@weekly
. I insist that this has room to run to the upside, daily gap-fill at a minimum...

Recognized relative strength early, so I was quick to add before the $17 break.

-- Added another 0.5xTier 0, anticipating the $17 break-out and push towards $17.7s, risking LOD for the new add
-- Main target remains the daily gap-fill at $17.7-18.15s.

07-20-2022
Sold into main target $18-18.1s as it closed the daily gap, tagged

50SMA@daily
.
(-) Still in with...50% size?? Why the hell I kept so much size when main target got hit??? I should have been down to 25% at a minimum...
Updated stop to $16.89 for remaining size.
image


Execution detail:

Date/time Symbol Side Price Position
2022-06-17 10:04:12 JETS buy $16.115 long
2022-06-17 10:19:42 JETS buy $16.020 long
2022-06-17 10:31:27 JETS buy $15.980 long
2022-06-22 13:33:58 JETS sell $16.834 long
2022-06-24 13:21:25 JETS sell $17.347 long
2022-06-28 09:32:11 JETS sell $17.600 long
2022-06-30 10:14:11 JETS buy $16.075 long
2022-07-12 10:06:58 JETS buy $16.885 long
2022-07-15 10:43:04 JETS buy $17.065 long
2022-07-18 09:36:12 JETS sell $17.620 long
2022-07-20 10:27:10 JETS sell $18.042 long
2022-07-20 11:58:07 JETS sell $18.110 long
2022-08-03 13:41:27 JETS sell $18.185 long
2022-08-03 15:54:29 JETS sell $18.284 long
2022-08-08 10:38:54 JETS sell $18.684 long
2022-08-10 10:16:55 JETS sell $18.565 long
2022-08-11 09:01:08 JETS sell $18.840 long
2022-08-11 10:25:51 JETS sell $18.912 long
2022-08-15 10:05:21 JETS sell $19.112 long
2022-08-16 12:07:10 JETS sell $19.265 long
2022-08-16 12:07:23 JETS sell $19.265 long
2022-08-19 09:30:00 JETS sell $18.450 0


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