AMD Trade on May 22, 2024 10:31 from jfield001_BOWS: Tradervue User Stock Trades.

This one felt good! But let's review.

Wanted a QPB. Long at 167.53 vs.167.00 (just below 9EMA), out at 1/2: 167.99, 1/4 168.54 and 168.01 (last 1/4 yolo and leaving for 9 EMA stop).

Seeing a flag level at 167.76, slight pullback, then 2 green candles finding support at VWAP and 9 EMA, enter the 3rd candle while green. Slight dip to VWAP and then bounces. Taking profits along the way, this could have been executed better, but I'm working on the exit strategy still.

1. Flag: Are we sure, it looks more like a consolidation range. Go back and review intraday flag setups.
2. Vol: Yes
3. MA's: Rising to meet the price, just got a little bounce form 20 EMA
4. Trend: yes, with daily and trending up on intraday
5. J/S: yes more than 1:1 with tight risk at entry. Risking $0.50 and hoping for $1-$2

Grade: B. potential for better exits.

Another note: did not have premarket data on and the EMA's look good, compared to PDD when premarket was off and they looked good but were actually continuing a fall from premarket highs.