DBX Trade on May 8, 2020 09:45 from Cklamb: Tradervue User Stock Trades.

DBX
Statistics
Total gain/loss: $8.55 Largest gain: $8.55 (show)

Average daily gain/loss: $8.55 Largest loss: $0.00
Average daily volume: 60 Average per-share gain/loss: $0.28
Average winning trade: $8.55 Average trade gain/loss: $8.55
Average losing trade: n/a Trade P&L standard deviation: n/a
Total number of trades: 1 Profit factor: n/a
Number of winning trades: 1 (100.0%) Average hold time (winning trades): 15 minutes
Number of losing trades: 0 Average hold time (losing trades): 0
Max consecutive wins: 1 (show)
Max consecutive losses: 0
Average position MFE: $14.25 Average position MAE: $0.00

Intraday Fundamentals
• 04:10 PM EDT, 05/07/2020 (MT Newswires) – Dropbox (DBX) on Thursday posted Q1 non-GAAP earnings of $0.17 per share, compared with $0.10 per share a year ago.
• Capital IQ-polled analysts had expected non-GAAP earnings of $0.13 per share.
• GAAP net income was $0.09 per share, compared with net loss of $0.02 per share last year.
• Revenue in the quarter increased to $455 million from $385.6 million. Analysts had projected of $451.3 million in revenue.
• Shares of the company were up nearly 6% in Thursday late-afternoon trading.
Technicals
ADV 6.4M RVOL 2.19 ATR .82 Inst Own 70.10%
Daily

Hourly

Intra

Trading Strategy
• Gap close long at 22
• Opening drive short if the momentum continues to look weak into the open
• Short 23 for a scalp if it does not break in the morning short as hold trade if this level fails later in the day
• Trend side on the SMA Momentum set ups
• VWAP tests
Reading the Tape

I could see the struggle this was having catching buyers at .48

Trade Management

Trade Notes

I was too small. I only had 10 cents something that had a tight spread and not a lot of chop. I took half off at 10 cents as this looked like it was setting up to flush. I pulled the stop into .52. I had this stop at one point at 22.08 and still moved it down getting me tapped just over 22 when I could have let this run for almost another half point. Playbook set up here!