Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Down on COVID-19 fears
-Bouncing with other tech stocks
-Should have relative strength because AD revenue should still be generated while people stay at home and use ROKU devices
-Stock Breaks Out After Preliminary Q1 Numbers
Technical Analysis
-Intraday pattern: Rug Pull
-Levels: 119, 124, 126.5, 131.5
Original Plan / Strategy
First test short of 126.5 level with half dollar confluence
Review
Stock was grinding too much on the way up so my conviction wasn't high. Got in the trade with only two lots and price was hovering near level for too long so I scratch both lots for small profit, wasn't patient enough to wait for the move...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-21 14:27:45 | ROKU | sell | $126.410 | short |
| 2020-04-21 14:32:25 | ROKU | sell | $126.470 | short |
| 2020-04-21 14:34:16 | ROKU | buy | $126.300 | short |
| 2020-04-21 14:36:29 | ROKU | buy | $126.270 | 0 |
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