Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Top "Stay-at-home" stock that is running
-Running because Zoom makes Teleconference / internet meeting software
-April 08 2020: Google banning Zoom software from work laptops due to security concerns
-April 14 2020: Zoom Clients Get New Call Controls To Choose Data Routing (to ease security concerns)
Technical Analysis
-Intraday pattern: Consolidation
-Levels: 139, 141.50, 143, 145
Original Plan / Strategy
First test short of 141.50 level with half dollar and VWAP confluence
Review
Scaled in and got to full size but stock and market was simply too strong so the pullback was not big, took profits where I could and scratched the rest when buying came back.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-14 10:16:10 | ZM | sell | $141.250 | short |
| 2020-04-14 10:17:16 | ZM | sell | $141.390 | short |
| 2020-04-14 10:17:27 | ZM | sell | $141.500 | short |
| 2020-04-14 10:22:51 | ZM | sell | $141.760 | short |
| 2020-04-14 10:23:37 | ZM | buy | $141.010 | short |
| 2020-04-14 10:23:37 | ZM | buy | $141.010 | short |
| 2020-04-14 10:23:37 | ZM | buy | $141.010 | short |
| 2020-04-14 10:23:58 | ZM | buy | $141.050 | short |
| 2020-04-14 10:24:14 | ZM | buy | $141.220 | short |
| 2020-04-14 10:24:25 | ZM | buy | $141.390 | 0 |
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