SVRA Trade on Dec 30, 2019 09:48 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

Commissions: $2.01

up pm on FDA designation news; I initially wanted to enter b/w 4.1/-4.15 with my risk 4 lvl and reward target at the 5 lvl. With 6.2M vol traded pm this really interests me. When 4 lvl price target was broken by a massive crack I decided to still enter, but with a smaller position. Despite a small tiny win, the real entry to buy was in the afternoon near the close

[HINDSIGHT]: after trying to spike in the morning and failing, usually one just forgets it. The fact that it consolidated all day meant that longs were holding their shares along with buyers holding the 4.25/4.50 lvl. This of course would scare any stubborn short and the fact that it's still the first green day is scary to short. As power hr got closer $SVRA began making higher lows and then volume just came causing a huge uptrend on the 5-min chart. It ended up spiking to a

HOD@6.48
which makes my tiny win a laugh. Will learn that when a stock consolidates that much a the price goes over VWAP, there's a good chance that a short squeeze can happen towards the close.


Execution detail:

Date/time Symbol Side Price Position
2019-12-30 09:48:47 SVRA buy $3.770 long
2019-12-30 09:54:00 SVRA sell $3.820 0


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