APT Trade on Feb 26, 2020 07:00 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Not BioTech, but profitable Building Material company in Canada. Makes face masks.

Catalysts / News / Painting the picture

-Corona virus sympathy because APT makes masks
-US to order 1 billion masks

Technical Analysis

-Gap up to 12 in pre-market
-Levels: 10, 11.50, 13

Original Plan / Strategy

FT-15 (first test using 15 minute chart) of 10.50 by 9.50 consolidation zone from yesterdays highs, risking below 9.50

Review

Didn't want to miss the trade so started scaling in early when I noticed bids at 10, saved my bullets in case of further downside towards 9.50, scaled in on the way down in anticipation of bounce from this consolidation zone.

Took a lot off at 10 to reduce my risk because 10.10 was showing lots of sellers and bids were thin.
Sold last two lots when strength returned.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-26 07:00:40	APT	buy	$10.180	long
2020-02-26 07:00:46	APT	buy	$9.950	long
2020-02-26 07:04:41	APT	buy	$9.530	long
2020-02-26 07:09:17	APT	sell	$10.000	long
2020-02-26 07:10:50	APT	sell	$10.360	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13087267&end=20200226082750&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13087267&end=20200226092850&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13087267&end=20200226160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13087267&end=20200327&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}