Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-IPO last September
-Went public as the IPO market was bearish
-Jan 6th 2019: SDC partnering with Walmart on exclusive Oral Care product deal (analysts raised PT)
Technical Analysis
-Supported at $7.70 - $8 on daily chart
-Supporting above $8 before Walmart news
-Made new swing high on Walmart deal news
Original Plan / Strategy
First Test long of 10.33 level
Review
Only two lots got filled, took one lot of profit at my regular target to cover risk of the trade, held second lot for longer and split it into two smaller lots to monetize the price path upwards.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-07 13:57:36 | SDC | buy | $10.330 | long |
| 2020-01-07 13:57:53 | SDC | buy | $10.320 | long |
| 2020-01-07 14:01:22 | SDC | sell | $10.390 | long |
| 2020-01-07 14:05:05 | SDC | sell | $10.410 | long |
| 2020-01-07 14:08:32 | SDC | sell | $10.440 | 0 |
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