PAYS Trade on Jul 22, 2019 10:50 from Cklamb: Tradervue User Stock Trades.

PAYS
Intraday Fundamentals
Analyst Downgrade
Technicals
ADV 1mill ATR1.19 RVOL 3.23 Beta .77 Short 9.45% Inst Own. 12.4%
Daily

This stock has been in solid uptrend since about February and held up through the May downturn. The daily did show possible support at 16 and 13.60.
Hourly

Hourly looked to confirm 16 level of support. It looks to be about 2 days worth of buyers were trapped at the open
Intraday

There is heavier volume as the stock sells off into the opening.
Reading the Tape
Trade Management

The trade was over before it began. The plan was to have a stop at 13.26 with 10 or 11 cents of risk and target of 13.67 for 30 cents. I bought the ask which I think was my mistake in getting filled higher. The spread was about three or four cents. I realized that I had screwed up my RvR. I did, however, set a stop at .32 just below the MA making my risk very reasonable again. I did take the break above .50 to move the stop to BE thinking that I was making up for a bad entry and got stopped a scratch.
As part of my SMB capital training, I need to grade these against the ONE GOOD TRADE Criteria
Aspect Score Poss. Notes
Preparation 7 10 I was aware of what was making this stock move and the level of 13.67
Hard Work 8 10 I watched the tape on this for a while. Drew a couple of trend through the opening hour.
Patience 9 10 I waited for both the sideways movement and the support of the MA
Plan 7 10 Yes, needed some order entry thoughts
Discipline 2 10 BAD, see above
Contribution NA 10

Replay 0 10