SHOP Trade on Feb 14, 2023 11:47 from Goku_BOWS: Tradervue User Stock Trades.

Daily Setup: Trend continuation. Nice run from base breakout to $55 and watching for a pullback entry. Pulled back nice and orderly to the 20SMA and 2 candles holding with the latter an inside day. Separate trade at the open for the inside day break. I closed that trade partially due to mismanagement and adding too much back. New trade here once it pulled back to $49 again.

Layers of probability: News (can't remember what it was), daily chart, holding green
Intraday: Looking back, no great setup, actually looks like a bear flag now on the 5. A few candles were holding right above previous day's close which gave a lower risk entry. High reward potential, but lower probability.

Entry: $49 area
Stop $48.48; low of 5 minute candle when news came out.
Targets: 1:1, 50c increments, then $1 increments with last lots; Final Target $74.49, trailing daily chart with 1 lot.

Successes: Stop in place, offers in place, good daily plan
Areas to improve: Intraday Entry. Entered vs a level, but no real setup/confirmation