Orders
Commemorative【Day 4】Investment Journal
Action: My limit order to buy $AppLovin(APP.US) at 460 got filled today. The level was around a nearby support zone where the stock started to show a weak bounce. The reaction wasn’t particularly strong, but it was enough to suggest there were still some buyers defending that area.
That said, momentum names often behave differently around big round numbers. In hindsight it’s usually better to avoid entries right near those psychological levels. Once they break, the move can extend much further than expected. Right now the price action makes that pretty clear — after losing the level, momentum can accelerate to the downside surprisingly fast.
For now the plan is simply to watch how price behaves around this zone and whether buyers can stabilize the structure.
@Bridge Buzz SG
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