FB Trade on Jan 23, 2019 09:33 from boldandnuts: Tradervue User Stock Trades.

Missed FB out of the Open as it did not quite get to my resistance level

Resistance: 149-149.50 150.50 151.50
Support: 146.50 146 144.50 142.50 141

I had 149 in mind for a short but was too greedy. But, good call, as there was no real confirmation and it was just the spike below that level.

However I also noted the 147 support area from the day before and when FB broke and bounced off of it I went long on the break of 147 to the upside. FB was still weak. No follow through and noch confirmation candle to base a trade off of. Stuck with it.

At the next support of 146 there was a reaction and I used the bounce for an add. Ok Average. Good Exit and stuck with 20 shares for a run up. Bad call as we already hit VWAP and I MUST have taken off rest break-even!

Next add at 145.50 I was patient and saw the decision-candle above that level form. Used the break of highs for an entry. Fake breakout. FB lifted by one cent and reversed after short consolidation. Size not worrysome and I stuck with it.

Next add I hadd 145 in mind with 144.50 as pivot below. I watched the first test, but wasn't happy with the reaction. Good call. FB gapped below 145 and I used the break back above 145 for my next add. Great entry, although a little early. Could have used the high of the area for more size or to add more.

Patient on my exit, but reduced most break-even. Great Exit on the Decision-Candle at the EMA9.