ACB Trade on May 19, 2020 09:54 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: Consolidation
-Intraday pattern: Fade
-Levels: 14, 15.30, 16.8

Strategy / Confluence / Sizing Guide / Risk

Strategy: SSR Bounce
Confluence: N/a
Strike Zone: N/a
Sizing (lots): 1
Risk (stop / Rs):

Review / Lessons Learned

I've been noticing recently that stocks have a high probability chance to bounce from the SSR level so I took initiative on forward testing this new setup with small size today on ACB, trade worked well and was my best trade of the day with only 200 shares (1 lot). Will keep taking these with 1 lot and tracking their results.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-19 09:54:48	ACB	buy	$15.460	long
2020-05-19 09:55:14	ACB	sell	$15.590	long
2020-05-19 09:55:46	ACB	sell	$15.890	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14827235&end=20200519102546&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14827235&end=20200519112546&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14827235&end=20200519160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=14827235&end=20200618&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}