DOCU Trade on Dec 6, 2019 09:30 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DOCU
Intraday Fundamentals
• 04:42 PM EST, 12/05/2019 (MT Newswires) – DocuSign (DOCU) on Thursday posted adjusted EPS of $0.11 per share in Q3, easily beating analysts’ estimates of $0.04 per share in a Capital IQ survey, and up from break-even a year earlier. Revenue grew 40% to $249.5 million from a year ago, also ahead of the $240.40 million estimate. Billings rose 36% to $269.4 million over the same period.
• For Q4, the company expects revenue of $263 million to $267 million and billings of $346 to $356 million, against CIQ estimate of $261.07 million for revenue.
• For the full-year, it forecasts revenue of $962 to $966 million and billings of $1.08 to $1.09 billion, compared with CIQ consensus of $950.94 million in revenue.
Technicals
Daily

Hourly

Intraday

Trading Strategy
• Long
• Get trend side
• VWAP Tests and SMA momentum Plays
• This should be your best trader to day.
Reading the Tape
I struggled with the tape here. I worked out positive on this. I did get a couple trades off in the opening on stalls that worked well.
Trade Management

Review Notes
• I was anxious on this.
• I had a long bias and I tried to express even with the confirmation of profit taking in the am.
• I was scared of the spread here and I pushed a bit anyway and tried to size up a bit which added to the discomfort I felt trying to work the tape and the chart on this.
• There was tow times that I need to set up the exit strategy and not take the quick wins
• I flipped short after feeling like I had screwed up the long side of this and gave money back.
• I did have to move away from this one as I did not feel like I could get in tune with the tape after hacking up the shorts

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Execution detail:

Date/time Symbol Side Price Position
2019-12-06 09:30:36 DOCU buy $74.630 long
2019-12-06 09:30:56 DOCU sell $74.732 0
2019-12-06 09:33:13 DOCU buy $73.625 long
2019-12-06 09:33:26 DOCU sell $74.345 0
2019-12-06 09:45:01 DOCU buy $72.791 long
2019-12-06 09:48:17 DOCU buy $72.084 long
2019-12-06 09:49:55 DOCU sell $71.707 0
2019-12-06 09:50:42 DOCU buy $71.934 long
2019-12-06 09:50:52 DOCU sell $72.120 0
2019-12-06 09:51:27 DOCU buy $72.583 long
2019-12-06 09:51:54 DOCU buy $72.312 long
2019-12-06 09:52:08 DOCU sell $72.338 0
2019-12-06 09:54:14 DOCU buy $71.749 long
2019-12-06 09:54:23 DOCU sell $71.887 long
2019-12-06 09:54:58 DOCU sell $72.212 long
2019-12-06 09:55:12 DOCU sell $72.130 0
2019-12-06 10:00:55 DOCU buy $72.122 long
2019-12-06 10:01:15 DOCU sell $72.440 long
2019-12-06 10:01:31 DOCU sell $72.320 0
2019-12-06 10:22:45 DOCU buy $72.613 long
2019-12-06 10:23:33 DOCU sell $72.864 long
2019-12-06 10:24:08 DOCU sell $72.856 0
2019-12-06 10:27:36 DOCU buy $72.730 long
2019-12-06 10:28:21 DOCU sell $72.890 long
2019-12-06 10:29:06 DOCU sell $72.770 0
2019-12-06 10:38:48 DOCU buy $72.388 long
2019-12-06 10:39:27 DOCU sell $72.285 0
2019-12-06 10:45:40 DOCU buy $72.015 long
2019-12-06 10:46:03 DOCU sell $72.158 0
2019-12-06 10:50:14 DOCU buy $72.656 long
2019-12-06 10:50:31 DOCU sell $72.722 long
2019-12-06 10:50:44 DOCU sell $72.660 long
2019-12-06 10:51:29 DOCU sell $72.840 0
2019-12-06 10:58:07 DOCU buy $72.780 long
2019-12-06 10:58:21 DOCU sell $72.752 0
2019-12-06 11:02:21 DOCU buy $72.675 long
2019-12-06 11:02:32 DOCU sell $72.698 long
2019-12-06 11:02:46 DOCU sell $72.615 0
2019-12-06 11:03:08 DOCU buy $72.671 long
2019-12-06 11:03:16 DOCU sell $72.689 0
2019-12-06 11:04:30 DOCU buy $73.050 long
2019-12-06 11:04:34 DOCU sell $73.110 0
2019-12-06 11:11:10 DOCU buy $74.395 long
2019-12-06 11:11:19 DOCU sell $74.431 0

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