arbitraryinvestor's SBUX Trade
-24.30
Coming soon: Multi-time range selection, additional charts, custom settings, forex/crypto and more! Unlock with fasttrack.
Trade Detail
arbitraryinvestor's SBUX Trade -24.30
Trade Details
- Published
-
July 26, 2021, 4:07 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Stock
- Symbol
- Type
-
Long
- Pattern(s)
Featured Image / Proof
Auto-generated Chart BETA
Notes
I saw SBUX as a stock that had a lot of potential after the massive momentum that it has had recently. Just today, there were news articles discussing new PTs set by huge "whales" (namely Stifel, Baird, Wells Fargo).
I took a trade on SBUX on the recent swing low. This level was recently tested a couple of times. High probability set-up but my stop-loss got me out "early".
Risking $20-30 to make $30-45 (1:1.5).
Lessons Learned:
Let the stop loss be somewhat "fluid". Sharks/Whales might try to get "stop-hunt" so be careful and plan accordingly.
Try to get in "at" the support or at the end of the 5 minute candle to form around support.
Things I Did Well:
Had a tight stop loss.
Made sure to stick with it.
Transactions
| Date | Side | Amount | Price | Commission | Reg Fee |
| July 26, 2021 07:00:11 | Entry | 1.0 | 233.0 | 0.65 | None |
| July 26, 2021 07:28:14 | Exit | 1.0 | 210.0 | 0.65 | None |
