MESM3 Trade on Apr 25, 2023 10:04 from Goku_BOWS: Tradervue User Stock Trades.

Daily Setup: Break of Support
Intraday Setup: Bear Flag
Layers of Probability: Market broke support, 5th day of gap down, weak open
Entry: Bear flag break down, anticipation and then added/averaged in vs high of wick candle.
Stop: High of wick candle
Profit Strategy & Targets: Cover risk @ 1:1, trail on 15 for remaining shares, tgt 4110

Thoughts/Thesis/Notes during the trade: Watching for break of support on daily since this was the 5th day of gapping down and the prior 4 each got bought up, but did not break out. I went long the first two days of gap downs, sat out the 3rd and 4th due to lower probability of filling gap, now on day 5 had bearish tilt. 8ema almost caught up to price action, and not a lot of buying coming in, then a quick flush and consolidation. I went short within the consolidation and added a bit more to get better avg. within risk. Covered risk pretty quick and was trailing down the last 1/3. Added back the 2/3 position I had covered on the pullback to equilibrium and put a stop ant the top of the 7:10 candle, high volume red (almost) maribozu. Bad luck, flushed right after those got stopped, I tried to offer in but didn't want to chase too much and over trade. Closed last 1/3 (core) at target.

Areas of Success: Followed plan, did not move stop when getting close, good patience on entry and entry strategy
Areas to Improve: Watch for additional setups/adds.