Shared by
Goku_BOWS
Daily setup: Earnings breakdown, $60 S/R level
Intraday: Failed gap fill on open, holding below $60
Entered without a clear intraday setup, got a quick cover and added that portion back near my original entry.
Covered again and added when it formed a bear flag and red candle when the 9EMA caught up, stopped that portion above the range and quickly added that back (not good). Never got a flush even with the market weakness. Noticing 50SMA on the daily held. I traded small and held for $58 since I couldn't scale any more, too lofty.
Layers of probability: poor ER, Market very weak, support broke on daily, confirming volume
Entry: Break of $60 support
Stop: HOD
Target: $59, $58
Successes: Good daily setup, market correlation
Areas to improve: Very sloppy trading when adding back, stopping, and then adding again. Need clear plan.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-02-21 09:37:00 | DOCU | sell | $59.730 | short |
| 2023-02-21 09:39:00 | DOCU | buy | $59.000 | short |
| 2023-02-21 09:42:00 | DOCU | sell | $59.770 | short |
| 2023-02-21 10:07:00 | DOCU | buy | $59.010 | short |
| 2023-02-21 10:40:00 | DOCU | sell | $58.470 | short |
| 2023-02-21 10:41:00 | DOCU | buy | $58.870 | short |
| 2023-02-21 10:43:00 | DOCU | sell | $59.070 | short |
| 2023-02-21 13:25:00 | DOCU | buy | $59.450 | 0 |
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