Shared by
beno
Fundamentals
Shares Outstanding: 54,815,202
Cash: $345.1m
Current liabilities: $111.36m
Current ratio: 3.75
NWC (total current assets - total current liabilities): $307m
Monthly Burn rate (net loss / months): $33.43m
Estimated current cash: $295m
Accumulated deficit: $2144m
Book value per share (Stock holder equity / Shares outstanding): $-1.6
Technical Analysis
-Weak morning with potential early backside
-Red to green at 11am
-Top at 11.50
-11 level was being respected nicely
-Beautiful A+ setup for my First Test strategy
Catalysts / News / Painting the picture
-Earnings: Q3 loss but beat on revenues
-Has been running for the past 3 days on increasing volume
Original Plan / Strategy
First Test of 11 level
Review
CLVS didn't offer that many pullbacks on its way up but it offered one opportunity during the backside which I took and made small profits on.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-11-26 14:55:28 | CLVS | buy | $11.030 | long |
| 2019-11-26 14:56:58 | CLVS | sell | $11.140 | 0 |
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