MFA Trade on Mar 27, 2020 10:27 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-March 25 2020: Revoked previously announced dividend due to COVID-19
-REIT / bouncing with market

Technical Analysis

-Intraday pattern: Consolidation
-Levels: 1.50, 1.80, 2

Original Plan / Strategy

First test short of 1.80 level

Review

Play was taking way to long to play our and SPY was having a hard time picking a direction so I scratched it / took a small loss. Tried it again after SPY looked like it was about to break down but scratched it a second time.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-27 10:27:30	MFA	sell	$1.770	short
2020-03-27 10:28:02	MFA	sell	$1.770	short
2020-03-27 10:29:30	MFA	sell	$1.777	short
2020-03-27 10:30:14	MFA	sell	$1.820	short
2020-03-27 10:36:30	MFA	buy	$1.800	0
2020-03-27 10:38:16	MFA	sell	$1.770	short
2020-03-27 10:39:21	MFA	buy	$1.797	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MFA&trade=13552759&end=20200327110521&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MFA&trade=13552759&end=20200327120621&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MFA&trade=13552759&end=20200327160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MFA&trade=13552759&end=20200426&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}