Shared by
spyrosz
More than 1xATR rally from open into confluence of resistance area $153-155
a) 9SMA@weekly=$155
b) major previous support level (now resistance)=$153, counting already one rejection there 1-month before.
I bet trapped longs/bagholders above $153 happy to trim exposure/unload at b/e-small loss before ER.
Initially wanted to short into $153s, but seeing the 30min doji, got FOMO,
got short filler size, risking tight stop $154s, in order to re-evaluate closer to 9SMA@weekly=$155 if it rallied there, added half-tier at the quick pop to $152 after the small retracement, expecting some selling before the close...
No meat in the bone here, not even VWAP, took whatever I could and closed it for a small win.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-04 13:56:15 | DDOG | sell | $151.580 | short |
| 2022-02-04 14:29:18 | DDOG | sell | $152.050 | short |
| 2022-02-04 15:56:41 | DDOG | buy | $150.420 | short |
| 2022-02-04 15:57:06 | DDOG | buy | $150.840 | short |
| 2022-02-04 15:59:06 | DDOG | buy | $150.468 | 0 |
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