APT Trade on Mar 26, 2020 07:40 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
-March 11 2020: WHO declares COVID-19 as pandemic

Technical Analysis

-Intraday pattern: Bowl
-Levels: 8.80, 9, 9.50

Original Plan / Strategy

FT-15 long of 9 level with whole dollar and gap fill confluence

Review

Took a starter on the way down, noticed as time went by that the 9 level was holding so I got an add at 9.02. There were multiple buyers with hidden orders below their visible ones that gave me conviction. The main one was an AMEX buyer that kept refreshing near the 9 level. scaled out slowly when bids were trying to front run each other.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-26 07:40:15	APT	buy	$9.056	long
2020-03-26 08:01:22	APT	buy	$9.020	long
2020-03-26 08:07:00	APT	buy	$9.150	long
2020-03-26 08:11:35	APT	sell	$9.170	long
2020-03-26 08:11:36	APT	sell	$9.190	long
2020-03-26 08:13:34	APT	sell	$9.240	long
2020-03-26 08:17:54	APT	sell	$9.240	long
2020-03-26 08:19:32	APT	sell	$9.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13534183&end=20200326091332&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13534183&end=20200326101332&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13534183&end=20200326160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=APT&trade=13534183&end=20200425&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}