KEYS Trade on Aug 22, 2019 15:02 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

KEYS
Intraday fundamentals-
• 04:25 PM EDT, 08/21/2019 (MT Newswires) -- Keysight Technologies' (KEYS) adjusted EPS jumped to $1.25 in Q3 from $0.89 a year earlier, sharply higher than analysts' estimates of $1.02 in a Capital IQ poll. Revenue grew 8% to reach $1.09 billion, also exceeding the $1.04 billion estimate.
• For Q4, the company expects revenue of $1.08 billion to $1.10 billion and adjusted EPS of $1.14 to $1.20, against CIQ estimates of $1.06 on revenue of $1.07 billion.
Technicals
ADV 1.72 RVOL 1.42 BETA 1.34 ATR 2.61 Short 3.24% Inst Own 89.6%
Daily

Hourly

Intra

SUPPORT 95, 94, 93 and 92 RESISTANCE 96, 97 and 99
Trading Strategies
• Long on a clean flush to 93 give it room to work and wide stop to get out of price discovery
• Long if it holds above 94 at the opening look for 96 and be prepared for a rejection of 95 at the
• Long if I can move above 96 and hold with vwap underneath
• Short on a trend break if it does not top 97

Reading the Tape

On the second trade, I spent some time watching this come into 99.25. I did not see anything particularly large. However, the change in momentum as it dance around .30 a for a little bit before hitting and the tape just went green with smaller trades. The action formed some mini tweezers on the one minute. I decided to look for a momentum scalp.
Trade Management

Trade Review
• This was not meant to be trade to hold
• I feel like the tape and the price action around 99.30 help me think I could take a few cents of a move up from there.
• I am not sure if I could have got filled at the target as the momentum fade off there quickly.
• A decent confidence trade
• It looks like It may have been a good spot for a trend continuation trade as I start to look for more of those

image


Execution detail:

Date/time Symbol Side Price Position
2019-08-22 15:02:39 KEYS buy $99.558 long
2019-08-22 15:03:27 KEYS sell $99.794 0


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