NOW Trade on Jun 24, 2022 11:12 from spyrosz: Tradervue User Stock Trades.

Very positive experience and big PnL from trading the name earlier this year.
Still remains expensive multiples-wise, has held relative well complared to other names in same sector.

Fast & furious rally into $505 major daily resistance level, it got rejected here few days ago. Not best conditions to "short" with market being in short-term rallying mode, so careful with size + stops is warranted, decided to take a filler size, and see how it trades around $505 level.

-- Got short filler into $505 resistance, risking $520s, about 0.5xATR=$12 above the level
-- If it breaks and holds above $505, there is nothing before the daily gap at $550s. So don't messing around with the stops here.
-- Want to seller defending $505, keeping it down. If it starts showing relative weakness vs market, and market starts rolling over, will add main tier into any push towards $505.
-- Main target $430s

06-28-2022
Doesn't look like I will get my chance to add main Tier on this one. Rolled-over fast & furious.
Small profit taking as we are tanking levels.