CRON Trade on Oct 17, 2019 09:31 from Marius_: Tradervue User Stock Trades.

SPY was approaching 300 with Brexit news as a tailwind. CRON had notable unusual volume after hours. Game plan was to short or long based on the open and extended hours levels. The short presented a favorable risk to reward scenario.

RVOL - 3.90
ATR - 0.94
Avg Vol - 4.12M
Short Float - 23.30%

Trade Review

The levels and price action started to become very clear for a short at the open. Risk to reward was favorable. There was no significant news backing this move. This is also my first short of my trading career. In hindsight I would have been able to hold the position longer if I didn't have my stop set too tight on 9.50 level. The move has extended another dollar at this point. It was nice to lock in a quick profit here and now have my skills opened up for TA on the short side of things.

Execution detail:

Date/time	Symbol	Side	Price	Position
2019-10-17 09:31:00	CRON	sell	$10.060	short
2019-10-17 09:39:00	CRON	buy	$9.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CRON&trade=11771596&end=20191116&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CRON&trade=11771596&end=20191017160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CRON&trade=11771596&end=20191017120900&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CRON&trade=11771596&end=20191017100600&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CRON Trade on Oct 17, 2019 09:31 from Marius_: Tradervue User Stock Trades.

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