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How should I have Traded LOVE on 4-9-21

QuestionsCategory: QuestionsHow should I have Traded LOVE on 4-9-21
Jack Intagliato asked 3 years ago
Pat, on 4-9-21 I noticed LOVE had like 7 days short interest. The 52 week high was $66. I put an alert at $66.10. It opened at $64 and began to move upward. My computer alerted that it hit my target of $66.10. As I went to buy it, it moved lower again, so I reset my buy alert to $66.10. Once again it hit and retreated. I reset my alert and it hit and retreated. I'm thinking old buyers, now sellers, at $66. So I now set my alert at $66.25. It hits and I buy. The stock ran fast I actually got in at $67 something. The stock ran to $69 and then it retreated. Over the next 20 something minutes it came back past my purchase price. I sold out. It now stands at $71.75 :( Can you review this trade and do a video on it. I would like to see how I should have properly handled it. It may help the team on how to trade in this choppy market. Like many others on the team, really appreciate what you and Owen do!!
1 Answers
Avatar photoOwen Staff answered 3 years ago

Hi Jack,
Pat made this video for you:
https://www.youtube.com/watch?v=uSU-vuVMX0E