SPEX Trade on Mar 10, 2020 09:12 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Mar 6 2020: Treatment for Coronavirus Optioned by Spherix
-Mar 10 2020: Announces closing of $10m ATM offering

Technical Analysis

-Consolidation between 2.50 and 1.70 all day
-Levels: 1.70, 2, 2.50

Original Plan / Strategy

First test short of 2.30 level in PM with VWAP confluence

Review

Was a good trade to take but had to scratch it because it went further than I anticipated and we were getting close to the open.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-10 09:12:17	SPEX	sell	$2.340	short
2020-03-10 09:12:36	SPEX	sell	$2.350	short
2020-03-10 09:13:44	SPEX	sell	$2.450	short
2020-03-10 09:19:56	SPEX	buy	$2.350	short
2020-03-10 09:21:00	SPEX	buy	$2.350	short
2020-03-10 09:21:37	SPEX	buy	$2.380	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPEX&trade=13276609&end=20200310095437&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPEX&trade=13276609&end=20200310105437&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPEX&trade=13276609&end=20200310160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPEX&trade=13276609&end=20200409&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}