$GTLB Needs over Anchored VWAP

20 thg 7, 2022

GTLB Needs to breakout over both Price Resistance area and YTD AVWAP to be a viable trade for me. Look how both of those confluences have acted to reject price recently. I will be looking to take this long after it breaks over and retests the breakout. No rush on this one but looks to be setting up nicely. Maybe one for your watchlist too. Ideas, not investing / trading advice.

2 thg 8, 2022

Giao dịch đang hoạt động

Price ran over YTD AVWAP here. I am early to take the trade but in @ 60.67 Stop just below @ 59.50 1/3 position size. If this can run into end of day I'll add. Of course if it drops it'll stop me out for a small loss.

3 thg 8, 2022

Ghi chú

I added to this position today to bring it up to a 2/3 size. My stop will be moved up to a close below the YTD AVWAP. Still some heavy horizontal resistance in this area. I will not add again until it can move over the Mar 18, 2022 high.

8 thg 8, 2022

Ghi chú

Added again to this position @68.38. Now 3/4 size position. Stop moved up to breakeven on average share cost.

8 thg 8, 2022

Đóng lệnh: dừng lỗ

Got stopped on this @ breakeven. back on the watchlist.