BKYI Trade on Mar 11, 2020 13:32 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-BIO-key Secures $30M Contract for Biometric Security Solutions for African Telecommunications Company

Technical Analysis

-Intraday Mountain pattern
-Very grindy
-Levels: 1.10, 1.50, 1.80, 2.20

Original Plan / Strategy

First Test long of 1.50 level

Review

I was not comfortable in this trade at all and it took longer for it to work out. I'm glad I was able to still turn a small profit on the trade. My risk was below the wick of my final add at 1.45. I should have avoided this trade as the grind down was to real and the level not clean!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-11 13:32:42	BKYI	buy	$1.570	long
2020-03-11 13:33:47	BKYI	buy	$1.590	long
2020-03-11 13:36:04	BKYI	buy	$1.500	long
2020-03-11 13:36:10	BKYI	buy	$1.450	long
2020-03-11 13:38:14	BKYI	sell	$1.550	long
2020-03-11 13:38:30	BKYI	sell	$1.580	long
2020-03-11 13:39:20	BKYI	sell	$1.630	long
2020-03-11 13:39:36	BKYI	sell	$1.610	long
2020-03-11 13:39:41	BKYI	sell	$1.580	long
2020-03-11 13:40:11	BKYI	sell	$1.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BKYI&trade=13293128&end=20200311140711&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BKYI&trade=13293128&end=20200311150711&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BKYI&trade=13293128&end=20200311160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BKYI&trade=13293128&end=20200410&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}