Re-entry after bullish run on Friday

8 במרץ 2021

Recent pull-back in NASDAQ from all time highs has exceeded 10% driven by falling treasury bond prices.

Friday saw an end of week rally into close. This morning saw another sell-off through the Asian session presenting an attractive re-entry opportunity.

10 במרץ 2021

הערה

Significant further drop on Monday but it didn't reach the stop. With bonds starting to gain traction, this trade is still looking very healthy. I have personally taken some small profits at 12,900, keeping remaining long position open.

Will look to buy back in if we see another pull-back to sub 12.5k.

18 במרץ 2021

הערה

Adding back into position at 12,850

8 באפר׳ 2021

הערה

Taking profit on half my positon at these levels, increasing chances of a significant pull-back as we approach prior ATHs.

14 באפר׳ 2021

הערה

Placing a stop-loss at 13,900 just below current levels for remaining position.

16 באפר׳ 2021

הערה

Final position stopped out on 14th April at 13,900

23 באפר׳ 2021

הערה

Just retro-eviewing this trade idea. I'm happy that I put in my stop-loss, but I have to admire the absolutely stunning accuracy of the original target price!