AMD Trade on May 22, 2024 09:44 from jfield001_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
jfield001_BOWS

 

AMD small gap up from yesterday with 9 and 20 EMA's moving curling up. Wanted a move up then pull for QPB or 1st pullback buy. Got a small move after the pullback dipped below 20 EMA , then help 9 EMA but a bit wicky and not breaking through VWAP. Took 1/2 at 167.68 and 166.68. After taking 1/2 for $, ,oved stop up to entry. Didn't want to get stopped out on a single candle so let it go a couple more seconds.

  1. 1st pullback buy
  2. Volume: Yes
  3. MA's: Upward, just reclaimed the 9 EMA before entry.
  4. Trend?: Yes, curling 9 ad 20 EMA on daily.
  5. J/S: Entered 166.8 vs. 165.8 (9 EMA at the time), ideally break to 168's. 1.0 risk to 1.2 reward.


Thoughts: Is this a good setup up? I wanted BZFD but missed working out a good size and risk. This was slightly forced. I need to get away from the FOMO and forcing. Forcing and lack of patience would get me later in the day.

Grade: D. Forcing, still not sure about appropriate risk/stop levels.



Execution detail:

Date/time Symbol Side Price Position
2024-05-22 09:44:00 AMD buy $166.810 long
2024-05-22 10:05:00 AMD sell $167.680 long
2024-05-22 10:13:00 AMD sell $166.680 0


You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in