SDGR Trade on Feb 27, 2020 12:13 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

New company with interesting software/drug platform

Catalysts / News / Painting the picture

-Citron bullish on SDGR, PT of $80

Technical Analysis

-Intraday mountain pattern
-Levels: 42, 45, 48, 51

Original Plan / Strategy

First Test long of 48 level with whole dollar confluence

Review

Got a started in front of 48 level and a good entry in front of 47, the highest the bids bounced was to 48.30 where I should have taken off one lot but I decided to wait, selling pressure only increased from there and asks were decrementing to I scratched the trade!

I knew that SDGR was going to test further down as it did last time I traded it! The trade simply didn't work this time, no worries!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-27 12:13:14	SDGR	buy	$48.010	long
2020-02-27 12:13:14	SDGR	buy	$47.030	long
2020-02-27 12:16:30	SDGR	sell	$47.310	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SDGR&trade=13101436&end=20200227124530&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SDGR&trade=13101436&end=20200227134630&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SDGR&trade=13101436&end=20200227160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SDGR&trade=13101436&end=20200328&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}