ZS Trade on Sep 13, 2019 14:06 from beno: Tradervue User Stock Trades.

Big Picture
- Trump delaying China tariffs was a rumour according to official
- ECB (European Central Bank) cut rate to -0.5%
- ECB launched QE and will buy $20 billion euros worth of assets each month
- Holding above 282-294 range at 301

Markets Intraday
- PM: New high in SPY at 302.69 then faded down
- Morning: Soft uptrend from 301.30
- Afternoon: Faded all afternoon towards 300
- End of day: Faded into close

Technical Analysis – Long Term
- Uptrend since IPO
- Revenue growing 50% per year
- Their growth might be cut in half according to their FY20 guidance

Technical Analysis – Intraday
- Gapped down $13 on news of slower growth and competition from Palo Alto
- Day1: Was sold until it caught some bids at $46 then traded up to $50 (green on day after gap)
- Day2: Tighter day but still trended up into the close
- Opened weak but found support at 47.5 and 47.30 all day

Original Plan
Played from yesterday’s mid-day level of 47.50 as price was trending down towards it.

Execution Notes
I left an order at 47.45 (slightly below the 47.5 level) and it got filled at 2:06pm. I held it, with a stop 20 cents lower at 47.25 (2R); I gave it some time to try and be an afternoon runner like the 1rst and 2nd day but it ended up not moving a lot and fading into the close so I sold my first lot into resistance at 47.59 and the second at 47.44 for a scratch trade.

Grade Questions

Did I follow my plan? (yes/no/with mods): yes
Which modifications?:
What justified the modifications?:
Did you hold a core position until you noticed a reason to sell?: yes
Were your executions goods? yes

Grade: A
(1=D, 2=C, 3=B, 4=A)