BABA Trade on Apr 4, 2023 09:38 from TheFrenchTrader: Tradervue User Stock Trades.

Initial Risk on the trade 20cts

99.5 was a strong resistance on BABA in the last week and when i saw we were going there shortly after the open i watch it to see if we have rejection again.
I was trading the Fade on the 1 min and i feel i could have improved the profit there: instead of the 1st 25% @ 20cts, this was a good spot to add to the position due to the weakness of the stock and market.

Then i would still have taken some profit at 99, VWAP, 98.5 and LOD keeping the last 20% until next support level at least (97.5).

Execution detail:

Date/time	Symbol	Side	Price	Position
2023-04-04 09:38:12	BABA	sell	$99.540	short
2023-04-04 09:39:52	BABA	buy	$99.330	short
2023-04-04 09:40:47	BABA	buy	$99.030	short
2023-04-04 09:41:12	BABA	buy	$98.800	short
2023-04-04 09:41:49	BABA	buy	$98.510	short
2023-04-04 09:44:18	BABA	buy	$98.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=51314512&end=20230404121418&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=51314512&end=20230404111118&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=51314512&end=20230404101218&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=51314512&end=20230504&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

BABA Trade on Apr 4, 2023 09:38 from TheFrenchTrader: Tradervue User Stock Trades.

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