SNOW Trade on Feb 10, 2022 09:54 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Same trade but in intra-day account.

Hyper-growth (LPS, insane Forward P/E + P/S multiples) in a day that 10y > 2%...
Sympathy play to $DDOG and $TWLO earnings, this thing rallied 1xATR at the open from $300 right into some serious resistance:
a) major previous support pivot=$324
b) 20SMA@weekly=$329
c) significant volume profile above, with trapped longs/bagholders who didn't get any chance to cut exposure when it broke lower 2-months ago.

Alert hit when it crossed $322s, high-conviction short:
-- Got short filler in-front of $324, risking wide stop $336s as this thing can trade all over the place. Added Tier 0 once I saw the big 1/2min red engulfing candle in-front of $330s, tightened stop to $331s for whole size
-- I liked the daily soo much that I wanted to be bigger here, added another tier after VWAP bounce right into $324 resistance, stop at HOD=$330s for whole size
-- Main target was yesterday's close=$307.5-308s.

Small profit taking at the quick flush to below $315s to lock some, re-shorted what I covered previously at the bounce above VWAP, same stop HOD, scalped the range, held core!.

Bid for 25% in-front of yesterday's close got hit AH. Will hold overnight.
image

02-11-2022
Flat low $300s...
Patience + confidence for the win!

image


Execution detail:

Date/time Symbol Side Price Position
2022-02-10 09:54:05 SNOW sell $323.850 short
2022-02-10 10:11:51 SNOW sell $326.785 short
2022-02-10 10:43:10 SNOW sell $323.710 short
2022-02-10 10:43:10 SNOW sell $323.710 short
2022-02-10 10:53:48 SNOW buy $316.110 short
2022-02-10 12:33:39 SNOW sell $319.850 short
2022-02-10 13:37:57 SNOW buy $314.210 short
2022-02-10 18:46:05 SNOW buy $310.110 short
2022-02-11 04:51:38 SNOW buy $308.220 short
2022-02-11 13:32:44 SNOW buy $304.220 short
2022-02-11 13:34:21 SNOW buy $302.220 short
2022-02-11 13:45:59 SNOW buy $298.220 0


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