Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-April 23 2020: FDA approval for Trodelvy in triple-negative breast cancer
-May 05 2020: GNPX Enters Into Patent License Agreement for TUSC2 Gene Therapy with IMMU
Technical Analysis
-SPY pattern: Mountain
-Intraday pattern: Bowl
-Levels: 31.5, 32.2, 32.8
-IMMU respects level really well!!!
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 31.5 level
Confluence: Prior close, half dollar, gap fill
Sizing (lots): 5
Risk (stop / Rs): Hold below 31.5
Review / Lessons Learned
Only got to 3 lots, my silent/mental excuse I used was the lack of volume and low liquidity but the trade still yielded 40 cents and this level held all day
Lessons Learned: Follow sizing guide!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-05 10:26:40 | IMMU | buy | $31.677 | long |
| 2020-05-05 10:27:01 | IMMU | buy | $31.720 | long |
| 2020-05-05 10:27:34 | IMMU | buy | $31.680 | long |
| 2020-05-05 10:27:34 | IMMU | buy | $31.680 | long |
| 2020-05-05 10:32:08 | IMMU | sell | $31.820 | long |
| 2020-05-05 10:35:02 | IMMU | sell | $31.910 | long |
| 2020-05-05 10:35:04 | IMMU | sell | $31.910 | long |
| 2020-05-05 10:35:16 | IMMU | sell | $31.923 | long |
| 2020-05-05 10:36:28 | IMMU | sell | $31.870 | 0 |
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