MU Trade on May 5, 2020 10:18 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Chip maker that's moving with the market

Technical Analysis

-SPY pattern: Mountain
-Intraday pattern: Parabolic Fade
-Levels: 45, 45.8 - 45.9, 46.3, 47

Strategy / Confluence / Sizing Guide / Risk

Strategy: First Test long of 46.3 level
Confluence: VWAP
Sizing (lots): 2
Risk (stop / Rs): 45.99

Review / Lessons Learned

Scratched most of position because it wasn't following SPY, SPY was strong and MU was barely being bought, so when SPY would sell of MU would sell even harder.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-05 10:18:06	MU	buy	$46.380	long
2020-05-05 10:18:41	MU	buy	$46.400	long
2020-05-05 10:19:21	MU	sell	$46.500	long
2020-05-05 10:19:37	MU	sell	$46.503	long
2020-05-05 10:21:15	MU	sell	$46.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=14452209&end=20200505105015&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=14452209&end=20200505115115&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=14452209&end=20200505160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=14452209&end=20200604&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}