The core theme is a trader's recap of a short trade on LRCX, highlighting the importance of technical indicators like the VWAP and resistance levels in identifying trading opportunities.
Mind Map
Click to expand
Click to explore the full interactive mind map • Zoom, pan, and navigate
hey guys Brian from bear bull traders
here it's Wednesday April 17th just a
quick overview of trade I did in the
room here it was on LRC X unfortunately
the candles here are blocking it out
this is LRC X this is a 1-minute chart
he announced in the room I was watching
it and I posted a couple times that I
was noting that it was bouncing off the
view app kept bouncing off the view app
we were watching it in the morning at
least it was a big gap downer and it it
felt a little bit in the open and then
it did really are charged back up I know
one of the guys in the room made went
long and made some good money on it I
didn't play it that way but I did
continue to watch it and like I said I
watched it you know bounce off this this
blue line which is the view app came
back up tool one seemed to be resistance
which I noted in the room back down here
again bounced off the V web back up here
again 201 so I was just watching it I
think I scalped it once on the back from
201 down but I was just watching it here
and so it was kind of flat and I was
gonna it was gonna expect it to either
breakout to the upside go through this
tool one where it kept hitting its head
or it was either that or was gonna break
the vo app which it which it did and so
I went short as soon as it started
looking like it was going to kind of
break the view app which was yeah in
just under $200 and got out at $1.99 and
then $1.99 60 I think was the last
portion I took off there so it was a you
know nice setup good risk reward you
know I was if it had come back up here I
would have taken it off at this moving
average so you know 20 or 30 cent risk
and over a buck on the reversal on the
on the reward side so that was it that
was the one one trader did today eBay
was another one
Andrew bailed on it early and I stayed
with it and it fell further anyway see
you in the room tomorrow guys Brian a
barrel traders signing off see you
Click on any text or timestamp to jump to that moment in the video
Share:
Most transcripts ready in under 5 seconds
One-Click Copy125+ LanguagesSearch ContentJump to Timestamps
Paste YouTube URL
Enter any YouTube video link to get the full transcript
Transcript Extraction Form
Most transcripts ready in under 5 seconds
Get Our Chrome Extension
Get transcripts instantly without leaving YouTube. Install our Chrome extension for one-click access to any video's transcript directly on the watch page.
