Shared by
beno
Technical Analysis
-Trading back in early last years zones
-This in play streak has tendency to gap up and consolidate with slight upside
-Support: 2.4, Resistance: 3 and 3.55
-Bag holders from last year may want to start taking profits
Catalysts / News
-FDA gives nod to their Twirla contraceptive patch (Continuation)
Original Plan / Strategy
Panic Pop Short in 2.20 to 2.40 area or Washout long in 1.90 area.
Review
Followed my plan and scaled in to a comfortable size with two lots, started covering early as stock was holding nicely above 2.20 level, covered last lot when it broke below 2.20 at 2.17.
Afternoon short was another Panic Pop short setup but I had to cover as there was 10 seconds left in trading day and I didn't want to get squeezed after hours.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-11-05 09:33:04 | AGRX | sell | $2.220 | short |
| 2019-11-05 09:36:41 | AGRX | sell | $2.290 | short |
| 2019-11-05 09:38:29 | AGRX | buy | $2.200 | short |
| 2019-11-05 09:45:24 | AGRX | buy | $2.210 | short |
| 2019-11-05 09:46:43 | AGRX | buy | $2.210 | short |
| 2019-11-05 09:47:37 | AGRX | buy | $2.170 | 0 |
| 2019-11-05 15:48:52 | AGRX | sell | $2.390 | short |
| 2019-11-05 15:52:18 | AGRX | sell | $2.370 | short |
| 2019-11-05 15:56:20 | AGRX | sell | $2.420 | short |
| 2019-11-05 15:59:49 | AGRX | buy | $2.390 | 0 |
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