RAD Trade on Dec 19, 2019 13:16 from beno: Tradervue User Stock Trades.

Fundamentals

N/a

Catalysts / News / Painting the picture

-Q3 Earnings: revenues and EPS tops estimates, guidance raised
-No dilution, S-3ASR from 2007 but looks obsolete

Technical Analysis

-Most volume traded on any given day
-Neck line of the swing is 11.50
-Death line of the swing is 10
-Levels: 10, 11, 11.50, 12.20, 12.50

Original Plan / Strategy

First Test Long of 11.90 level

Review

Fantasy sells 10 cents higher didn't get hit because there was a lack of a bounce, gave it 4 minutes then stopped out.

Lessons Learned: The same trade presented itself 1 hour later (at the 11.90 level) but I didn't take it because I was skeptical that the level would hold, I missed out on a profitable trade! ALWAYS TAKE THE TRADE IF IT SETS UP NICELY AND YOU'RE GREEN ON THE DAY, REMEMBER YOUR WIN RATE!