CTSH Trade on Jan 12, 2023 10:27 from dpaleo: Tradervue User Stock Trades.

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Shared by
dpaleo

 

Shares traded: 1400
Closed Gross P&L: $402.80

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Earnings Fade

ok setup. lacked a good volume profile. 5min candle engulfed after a big 1hr move off open. 1m trend breaking also a good signal. Rally was right into descending 200Day MA. Need to cover most if not all into vwap.


Execution detail:

Date/time Symbol Qty Price Position
2023-01-12 10:27:34 CTSH -100 $66.900 -100
2023-01-12 10:27:34 CTSH -100 $66.900 -200
2023-01-12 10:27:34 CTSH -123 $66.900 -323
2023-01-12 10:27:34 CTSH -34 $66.890 -357
2023-01-12 10:27:34 CTSH -43 $66.880 -400
2023-01-12 10:33:15 CTSH -1 $66.590 -401
2023-01-12 10:33:15 CTSH -1 $66.590 -402
2023-01-12 10:33:33 CTSH -98 $66.590 -500
2023-01-12 10:34:23 CTSH -100 $66.670 -600
2023-01-12 10:47:00 CTSH -100 $66.210 -700
2023-01-12 11:01:23 CTSH 100 $65.870 -600
2023-01-12 11:11:03 CTSH 45 $65.780 -555
2023-01-12 11:11:03 CTSH 55 $65.780 -500
2023-01-12 11:11:35 CTSH 100 $65.680 -400
2023-01-12 12:16:14 CTSH 100 $66.430 -300
2023-01-12 12:16:14 CTSH 38 $66.430 -262
2023-01-12 12:16:14 CTSH 34 $66.430 -228
2023-01-12 12:16:14 CTSH 100 $66.420 -128
2023-01-12 12:16:14 CTSH 100 $66.420 -28
2023-01-12 12:16:14 CTSH 28 $66.430 0


Comments

2023-01-14 08:33:36
 

What do you mean with a good volume profile? :)

2023-01-17 13:23:12
 

for fades (and bottom picks) increasing volume candles can indicate a climax (or capitulation) of buyers (sellers) which increases probability of a contra move. Take a look at the KMX 5min chart from today - price went parabolic but so did volume candles. Once the buyers (both true buyers in addition to shorts scrambling to cover) exhausted it faded nicely.

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