AMAT Trade on Dec 8, 2022 09:37 from Goku_BOWS: Tradervue User Stock Trades.

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Goku_BOWS

 

Daily Setup: Base breakdown, break of support $114 area
Intraday: Pullback to MA and reverse.

Small gap down with market and with low volume pulled back to the 9EMA and gave a red candle with a decent tail. I added some when it seemed to hold. Got stopped out on that trade when it broke highs. That candle immediately reversed again and I jumped in, quite slowly and not a great price. I added with the inside candle breaking to the downside and then more when it pulled back to my entry with the market acting very weak. Traded around the core position several times adding around the 9ema and covering near lows or the 25c and 50c levels. still holding 1/4 position, well into the money

Layers of probability: Daily support breaking, Market support breakdown, good intraday setup pullback to MA,
Layers against: Chips/semis relatively strong today, MU was going green and holding, more vol

Entry: Pullback to MA
Stop: HOD
Targets: 25c and 50c levels, $110 for last lot or trailing stop.

Successes: Went small enough to make two attempts, nice add-backs and scaling, good profit maximization strategy
Areas to improve: Could've been quick on re-entry, wasn't expecting a quick flush like that. Little bit of revenge, sized too big on second attempt.


Execution detail:

Date/time Symbol Side Price Position
2022-12-08 09:37:00 AMAT buy $106.940 long
2023-02-21 09:46:00 AMAT sell $114.540 short
2023-02-21 09:48:00 AMAT sell $114.360 short
2023-02-21 09:53:00 AMAT buy $114.800 long
2023-02-21 09:54:00 AMAT sell $114.270 short
2023-02-21 10:05:00 AMAT sell $114.000 short
2023-02-21 10:08:00 AMAT sell $114.330 short
2023-02-21 10:12:00 AMAT buy $113.570 short
2023-02-21 10:18:00 AMAT buy $113.260 short
2023-02-21 10:37:00 AMAT sell $113.420 short
2023-02-21 10:44:00 AMAT buy $113.010 short
2023-02-21 10:50:00 AMAT sell $113.430 short
2023-02-21 11:51:00 AMAT buy $113.000 short
2023-02-21 11:58:00 AMAT buy $112.510 short
2023-02-21 13:17:00 AMAT buy $112.010 short
2023-02-22 10:16:00 AMAT buy $110.100 0
2023-02-23 09:30:00 AMAT sell $112.940 short
2023-02-23 09:58:00 AMAT sell $112.580 short
2023-02-23 10:07:00 AMAT buy $111.500 short
2023-02-23 11:43:00 AMAT buy $110.100 0


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