Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-"Stay-at-home" stock that's holding up well despite market weakness
Technical Analysis
-Intraday pattern: Runner, Double Top
-Levels: 27, 28, 28.50
Original Plan / Strategy
First test long of 27 level with whole dollar and VWAP confluence
Review
Well managed trade. Got to full size before rug pull below 27 level, added 4 emergency lots on the way down, waited for the bounce back above 27 then scaled out slowly.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-03-30 10:11:48 | PTON | buy | $27.180 | long |
| 2020-03-30 10:11:48 | PTON | buy | $27.180 | long |
| 2020-03-30 10:11:57 | PTON | buy | $27.070 | long |
| 2020-03-30 10:12:05 | PTON | buy | $27.050 | long |
| 2020-03-30 10:12:50 | PTON | buy | $26.980 | long |
| 2020-03-30 10:12:51 | PTON | buy | $26.950 | long |
| 2020-03-30 10:12:58 | PTON | buy | $26.870 | long |
| 2020-03-30 10:13:10 | PTON | buy | $26.760 | long |
| 2020-03-30 10:14:11 | PTON | sell | $27.120 | long |
| 2020-03-30 10:14:20 | PTON | sell | $27.140 | long |
| 2020-03-30 10:14:39 | PTON | sell | $27.120 | long |
| 2020-03-30 10:14:55 | PTON | sell | $27.200 | long |
| 2020-03-30 10:15:03 | PTON | sell | $27.140 | long |
| 2020-03-30 10:15:37 | PTON | sell | $27.200 | long |
| 2020-03-30 10:15:49 | PTON | sell | $27.210 | long |
| 2020-03-30 10:16:07 | PTON | sell | $27.150 | long |
| 2020-03-30 10:16:14 | PTON | sell | $27.240 | long |
| 2020-03-30 10:16:14 | PTON | sell | $27.240 | long |
| 2020-03-30 10:16:14 | PTON | sell | $27.260 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!