BBY Trade on May 21, 2020 09:33 from Cklamb: Tradervue User Stock Trades.

BBY
Statistics
Total gain/loss: $69.06 Largest gain: $69.06 (show)
Average daily gain/loss: $69.06 Largest loss: $0.00
Average daily volume: 640 Average per-share gain/loss: $0.22
Average winning trade: $69.06 Average trade gain/loss: $69.06
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): 8 minutes
Number of losing trades: 0 Average hold time (losing trades): 0
Max consecutive wins: 1 (show) Max consecutive losses: 0
Average position MFE: $77.06 Average position MAE: $-242.94

Intraday Fundamentals
• Analysts expected $8.24 billion for the latest period, according to FactSet.
• The company said profit fell to $159 million , or 61 cents a share, compared with $265 million , or 98 cents a share, the year earlier.
• After adjustments, Best Buy said its profit fell to 67 cents a share, more than the 49 cents a share profit that analysts expected for that metric.
• Comparable sales fell 5.7% in the U.S., its largest market. Best Buy reported lower demand for products like home-theater equipment and mobile phones, which offset better performances for computing devices and games.
• In March, Best Buy closed its stores to customers. It moved to focus on selling merchandise online and getting goods to shoppers using curbside pick-up options.
• The company was “able to retain approximately 81% of last year’s sales during the last six weeks of the quarter, even though not a single customer set foot in our stores,” Chief Executive Corie Barry said.
• Best Buy has begun reopening stores. At present, the company has almost 700 locations open by appointment, or 70% of its store base, Best Buy said Thursday.
Technicals
ADV 3.18 RVOL 1.30 ATR 3.85 Beta 1.5 Short3.19% Inst Own 82.4%
Daily

Hourly

Intra

Trading Strategy
• Long at 77?? If it gets there take back into 78
• Short 80.50 if this spikes above 80
• VWAP tests and SMA Momentum Holds

This sucked.. I started working off the First candle not expecting the possibility of profit taking after the two prior red days. But, I added methodically every 50 cents or so. I hesitated at 81.50as it was still strong and I was in a little bit of shock. I did try to short at 81.90 ish on the change of tape. I did not see it but here had to be something fairly large there. I took a huge add at .69. When this turned profitable. I was trying so hard to hold it. But, I was in loss management mode. I need to hold something here. The last twenty shares would have been ideal.