BA Trade on Jun 12, 2020 11:57 from aceknuckles: Tradervue User Stock Trades.

Ticker: BA
Date: 6/11/20
Size: 10
Amount of Trades: 2
Closed P&L: $117.50

(as of 6/11/20)
RVol: 2.29
AVol: 20.96M
ATR: 13.14
Float: 563.08M
Beta: 1.48
52 Week Range: $89.00 - 391.00
Sector/Industry: Industrials/Aerospace & Defense

Price picked up buyers during prior-day's after-market and current day's pre-market. Price failed near $191.91 and flushed to $178.78 intra-day support. I wanted to get short at $181.65 around 11:30 but it seemed like 1. there's enough day left to push price higher, and buyers were really stepping in at $178. VWAP was $184.59 with aligned with intraday resistance earlier in the day. I got short at $184.5 instead of .59 because I wasn't sure price would reach .59. It did but never reached the $186 stop. Got to $185.99! Price bounced off $181.65 support, retested VWAP then flushed before finding buyers around 179 again. I stopped out at $182.5 and price continued to rally.

The trend seemed like the end of the sell-off but I didn't expect buying to step in so strongly. I feel confident shorting BA below $191.91. Important to avoid going against the market when everything is moving in concert.