MARA Trade on Feb 8, 2024 09:47 from Trader_DK88-Andrew_BOWS: Tradervue User Stock Trades.

Improvements:

1. This is was a trend continuation trade with an entry on the remount of the daily vwap.
2. The stock had gapped up off the open and performed a quick pull back into the 18.40-level.
3. The stock then continued with an uptrend into the 19.20-level.
4. The stock then performed a second pullback into the 18.60-level.
5. The stock had a small consolidation here at 18.60-level and then pushed up into the daily vwap and remounted it.
6. On the close above the daily vwap I took an entry long for a potential break above the prior high and a trend move to the upside.
7. Once in the trade I had learned quickly the stock is a slow grinder type stock and moved slowly and its moves are smaller than say a $100 stock.
8. My profit harvesting target was around the 19.90-level and used the trailing stop order to trial behind.
9. The stock hit the 19.40-level and was being held there by a seller. This is evident on the 1-min chart as the stock puts in a sideways consolidation.
10. At this point I realised the stock would not break the 19.40-level I had moved the trailing stop up into below the 2-min candle still.
11. This allowed the stock room to move if it potential could break the level and continue to the upside AND also protected the downside.

Range chart:

1. Seller parked in at 19.40 that was holding it fro m breaking to the upside.

Notes:

Actions:

Trade Technical variables:-

ATR:
Rvol:
AVol:
Beta:
Short:
Float:
Ins. Own:
WIC:
VWAP: