RAD Trade on Dec 19, 2019 10:48 from beno: Tradervue User Stock Trades.

Shared by
beno

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 12 level

Review

Added an extra lot in this trade and held 1/3 of it for slightly longer, was able to boost my P&L by following my plan! The confluence of the 12 psychological level gave me more confidence!

Execution detail:

Date/time	Symbol	Side	Price	Position
2019-12-19 10:48:36	RAD	buy	$12.050	long
2019-12-19 10:48:46	RAD	buy	$12.010	long
2019-12-19 10:48:46	RAD	buy	$11.970	long
2019-12-19 10:49:47	RAD	sell	$12.100	long
2019-12-19 10:49:50	RAD	sell	$12.150	long
2019-12-19 10:55:05	RAD	sell	$12.240	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RAD&trade=12346583&end=20191219112305&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RAD&trade=12346583&end=20191219122205&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RAD&trade=12346583&end=20191219160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=RAD&trade=12346583&end=20200118&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}