GIS Trade on Dec 18, 2019 09:38 from Cklamb: Tradervue User Stock Trades.

GIS
Statistics
Total gain/loss: $8.07 Largest gain: $5.43 (show)

Average daily gain/loss: $8.07 Largest loss: $0.00
Average daily volume: 1600 Average per-share gain/loss: $0.01
Average winning trade: $2.69 Average trade gain/loss: $2.69
Average losing trade: n/a Trade P&L standard deviation: $2.58
Total number of trades: 3 Profit factor: n/a
Number of winning trades: 3 (100.0%) Average hold time (winning trades): about 1 hour
Number of losing trades: 0 Average hold time (losing trades): 0
Max consecutive wins: 3 (show)
Max consecutive losses: 0
Average position MFE: $4.64 Average position MAE: $-2.37
Intraday Fundamentals
• 07:40 AM EST, 12/18/2019 (MT Newswires) -- General Mills (GIS) reported fiscal Q2 adjusted earnings of $0.95 per share, up from $0.85 during the year-ago quarter and beating the Capital IQ consensus forecast of $0.88.
• Revenue for the quarter was $4.42 billion, up from $4.41 billion for the same period last year, but just short of the analyst forecast of $4.43 billion.
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• The company said it expects full-year fiscal 2020 adjusted earnings per share to increase 3% to 5% from the base of $3.22 earned in fiscal 2019, and organic net sales to increase 1% to 2%.
Technicals
ADV 3.18 RVOL 1.44 ATR .75 BETA .7 Short 2.85% Inst Own 73.10%
Daily

Hourly

Intraday

Trading Strategy
• Look for a pull back into 52.75 and start playing it long from there
• VWAP test and SMA Momentum plays
• This is selling off PM and is looking to close the gap before the open
• Look for a long closer to 52 after the morning sell off
Reading the Tape
This tape moved methodically. I could pick the next couple of cents move with market depth most of the time today. This was move evident at the end of the day.
Trade Management

Review Notes
• I hit a good runner on this. I still bailed a little early. But, it was to plan and a bit of a home run.
• I chopped up my winnings as I was pushing the break back above vwap at 1030 MST
• I got good tape reads on this at the end of the day