ACB Trade on May 15, 2020 12:48 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 14 2020: Earnings - Net rev up 15% Q/Y - Weed sector strong compared to SPY

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Runner
-Levels: 8, 9, 10, 10.50, 10.80, 11.30, 12

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 10.50 level
Confluence: Half $
Strike Zone: 10.50 - 10.30
Sizing (lots): 3
Risk (stop / Rs): Hold below 10.30

Review / Lessons Learned

Went further than anticipated but didn't add a third lot, still took profits and was green trade.

Lessons Learned: Always get to pre-defined size, especially if PA within strike zone, and add if PA goes further than you think!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-15 12:48:19	ACB	buy	$10.490	long
2020-05-15 12:48:19	ACB	buy	$10.500	long
2020-05-15 12:48:19	ACB	buy	$10.500	long
2020-05-15 12:48:21	ACB	buy	$10.450	long
2020-05-15 12:49:43	ACB	sell	$10.510	long
2020-05-15 12:49:49	ACB	sell	$10.550	long
2020-05-15 12:49:49	ACB	sell	$10.550	long
2020-05-15 12:50:21	ACB	sell	$10.620	long
2020-05-15 12:51:09	ACB	sell	$10.690	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14734966&end=20200515132009&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14734966&end=20200515142109&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14734966&end=20200515160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14734966&end=20200614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}