ASLN Trade on Dec 2, 2019 15:29 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Dilution but no prospectus yet -> $100m ATM F-3 (foreign S-3)

Catalysts / News / Painting the picture

-ASLAN Pharmaceuticals reports positive preliminary data from proof-of-concept study for ASLAN004 targeting Atopic Dermatitis
-ASLN also released PR about an offering taking place in the near future

Technical Analysis

-Holding 6.55 nicely in PM
-Huge fake upside and halt on the open
-Spent all day below VWAP
-Levels: 5, 5.50, 6, 6.30, 6.55, 8

Original Plan / Strategy

First Test long of 5.50 level

Review

Only got filled my first lot but I should added another at 5.51 because I saw people get trapped in the last 10 minutes. I didn't follow my profit taking rules to keep 1/4 of the position for a bigger move (could have held for another 10 cents)

Execution detail:

Date/time	Symbol	Side	Price	Position
2019-12-02 15:29:08	ASLN	buy	$5.550	long
2019-12-02 15:29:53	ASLN	sell	$5.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ASLN&trade=12180246&end=20191202155953&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ASLN&trade=12180246&end=20191202160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ASLN&trade=12180246&end=20191202160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ASLN&trade=12180246&end=20200101&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}