AAPL Trade on Nov 2, 2018 09:39 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Trade#1 at The Open

$AAPL gapped down after Earnings below that important 215 level and found support around 205. Another important level of support.

My levels for support in $AAPL were 208.50 with its SMA100 and 205 and a short bias below that. Above I had 212 215 then 216 and 218 with its EMAs for resistance.

$AAPL opened in between the levels and broke out at the open above 210. I watched it and started a short at 212.50 to add more on its way to 215 for a reversal down to VWAP.

I kept size small as it is $AAPL and, out of experience, was likely to take a loss on this trade.

When $AAPL rejected 213.50 I added another piece on its way lower for an average of 212.81 and a first target of 212 and VWAP at 211.

My first target was not hit and the support of 212.50 held. $AAPL made another run into and just above 213.50 when I thought of the possibility of a Backside-Trade where I would add another partial.

That didn't happen. $AAPL sold off rather hard and I took partials at 212, VWAP 211.50 and on the spike below 211 to eventually take off the rest on the crack of 211.30 resistance.

Too early and I could have given it more room to run. As it is AAPL though I wanted to just lock in my profit. Good Trade.


Execution detail:

Date/time Symbol Side Price Position
2018-11-02 09:39:00 AAPL sell $212.420 short
2018-11-02 09:41:00 AAPL sell $213.190 short
2018-11-02 09:48:00 AAPL buy $212.070 short
2018-11-02 09:49:00 AAPL buy $211.510 short
2018-11-02 09:50:00 AAPL buy $210.940 short
2018-11-02 09:53:00 AAPL buy $211.370 0


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