ZM Trade on Dec 6, 2021 09:55 from spyrosz: Tradervue User Stock Trades.

In a strong downtrend for whole 2021.

Approaching significant level of interest=confluence of support=$165-180 area:
a) break-out pivot from 2020, b) bottom boundary of downtrend, c) door to significant volume profile established pre & early-COVID period.

Put a hammer on 12/03 with low=$177. I was watching closely the next day. Opened weak, flushed below the previous day's low=$177, but quickly got bought, reclaiming the low and pushing above VWAP ("RDR buy"):
-- Got long filler size, risking tight stop below the low=$175.2, $174.5s
-- expecting an over-sold bounce higher, 9SMA@daily at a minimum, before possible retest of the recent low.
-- Would like to add main tier, once it reclaims 9SMA@daily, consolidates above for 2-3 days with buyers stepping up
-- 1st target 9SMA@daily, main target 9SMA@weekly

Played out quickly. Pushed right into

. Sold strength. Retested the low (didn't get stopped out of remaining size for 16c -->lucky!).
Added main tier as $177 got defended and it reclaimed pressure pivot=9SMA@daily=$186.
Sold into the .

Will sit patiently here until target 9SMA@weekly.

Added more as this is (2022/01) the 4th time it held > $180. Tightened stop below $174.66 low.

Stopped out per plan as it made new lows.