BNGO Trade on Mar 10, 2020 10:08 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Mar 05 2020: FY2019 Earnings, down 16% Y/Y
-Mar 10 2020: BNGO Genomics Will Be Used in Research Identifying Gene Variants that Contribute to Coronavirus Disease Susceptibility

Technical Analysis

-Gapped up but returned within range from prior two days
-Levels: 0.70, 0.87, 1, 1.20

Original Plan / Strategy

FT-15 of 0.87 level which was the high of the last two days

Review

There was a premature bounce from 0.90 that took some conviction away from the real test. Scaled in to almost full size but too much time was going by with the stock being held down so I hit the bids.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-10 10:08:00	BNGO	buy	$0.8740	long
2020-03-10 10:08:13	BNGO	buy	$0.8599	long
2020-03-10 10:10:58	BNGO	buy	$0.8833	long
2020-03-10 10:12:35	BNGO	sell	$0.9009	long
2020-03-10 10:14:28	BNGO	sell	$0.9000	long
2020-03-10 10:14:33	BNGO	sell	$0.9000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=13276610&end=20200310104233&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=13276610&end=20200310114133&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=13276610&end=20200310160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=13276610&end=20200409&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}