Shared by
beno
Fundamentals
-Had $6.7m cash EoY 2019
-Burn roughly 300k cash per month
-$5m left of cash ish
Catalysts / News / Painting the picture
-Earnings: Already up 24% Y/Y and year isn't done yes
-May 05 2020: expects to become profitable by EoY
Technical Analysis
-SPY pattern: Mountain
-Intraday pattern: Runner, Big Pullback
-Levels: 1.7, 2.75, 3.5, 4.5
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 3.5 level
Confluence: Half dollar
Sizing (lots): 2
Risk (stop / Rs): Hold below 3.50
Review / Lessons Learned
Happy that I got in with appropriate size, started scaling out 10 cents ITM, was having hard time bouncing, scratch my last half lot.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-05 14:29:08 | CLSK | buy | $3.540 | long |
| 2020-05-05 14:29:12 | CLSK | buy | $3.510 | long |
| 2020-05-05 14:29:32 | CLSK | sell | $3.620 | long |
| 2020-05-05 14:29:37 | CLSK | sell | $3.610 | long |
| 2020-05-05 14:30:04 | CLSK | sell | $3.610 | long |
| 2020-05-05 14:30:28 | CLSK | sell | $3.470 | 0 |
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