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: Runner
-Levels: 157, 159, 162.5, 168.5
Original Plan / Strategy
First test long of 162.5 level with half dollar confluence, A+ level
Review
Really good setup to take except SPY started panic selling on the Gilead remdisevir news and I didn't know how far down this news would take SPY so I immediately scratch the trade. A "better safe than sorry" moment...but the trade would have worked out great! oh well...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-23 12:46:24 | ZM | buy | $163.290 | long |
| 2020-04-23 12:46:24 | ZM | buy | $163.290 | long |
| 2020-04-23 12:46:52 | ZM | buy | $163.290 | long |
| 2020-04-23 12:46:52 | ZM | sell | $163.185 | 0 |
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