APT Trade on Mar 2, 2020 11:35 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

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

-Weak morning filled with two main bear flags
-Gap filled to 13 then had uptrend all afternoon back to 17

Original Plan / Strategy

FT-15 from 13 level with whole dollar and gap fill confluence

Review

I was fearful coming into this trade because APT has been weak all morning and I remember how hard MRNA sold off last week. I took a starter and noticed some buying pressure and immediately took it off. I didn't really follow my plan and add lots all the way down to 12. It would have been a nice trade had I followed my plan.

Lessons Learned: FT-15 is now one of my setups and I should have more conviction in taking the trade, follow your original plan!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-02 11:35:40	APT	buy	$13.110	long
2020-03-02 11:36:30	APT	sell	$13.270	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13160699&end=20200302120630&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13160699&end=20200302130630&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13160699&end=20200302160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13160699&end=20200401&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}