Setup: AVGO top on my volume mover screen. Trading above 4 day bear fin. Intraday spiraling at vwap. Market dropping.
Initial position (blue) short. Good entry. Good target. Wish I lowered stop more so I didn't lose on back half.
Second postion (purple). Market held support, this thing came above downtrend line. Went long. It got sooo close to my target. Reduced 1 on raised stop. Ate it on the second one, even though market is bouncing up. But, today's expiration and I'm not sticking around to wait for it.
Potential +20% day turned flat.
Ugh.
LEARN if mkt is down, upside targets need to be more conservative.
For fastest trades (ex: same day expiration) use 1 min trendline.
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