DRAD Trade on Mar 6, 2020 13:48 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Earnings: Rev up 39%

Technical Analysis

-Decent Gap
-Faded / consolidated all day
-Fake death line breach in the afternoon that I got caught in

Original Plan / Strategy

First test short of the 6.70 death line

Review

In hindsight, too much consolidation below and close to the death line. Shouldn't have taken the trade but glad I stopped out when I noticed a clear break of the 6.70 level.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-06 13:48:27	DRAD	sell	$6.640	short
2020-03-06 13:48:31	DRAD	sell	$6.690	short
2020-03-06 13:48:48	DRAD	sell	$6.650	short
2020-03-06 13:50:22	DRAD	sell	$6.650	short
2020-03-06 13:58:23	DRAD	buy	$6.820	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DRAD&trade=13220641&end=20200306142523&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DRAD&trade=13220641&end=20200306152523&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DRAD&trade=13220641&end=20200306160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=DRAD&trade=13220641&end=20200405&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}