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
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&
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
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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