TLRY Trade on May 22, 2020 10:04 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-March 13 $96m ATM @ $4.76
-Technical / bouncing with market
-May 11 2020: Earnings - -1.73 loss vs -0.44 expected
-May 21 2020: NY post article: Scientists believe cannabis could help prevent and treat coronavirus
-May 22 2020: Buyer announces 500k share long position with $15 PT

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Runner
-Levels: 8.75, 9, 9.8, 10.7

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 8.75 level
Confluence: Half $
Strike Zone: 8.75 - 8.5
Sizing (lots): 4
Risk (stop / Rs): Hold below 8.5

Review / Lessons Learned

Took an early starter 15c before my strike zone and it never went down from there, so only took profits on my starter, I didn't want to oversize and then hit my SZ at 8.75 / 8.5, would have had a bad average.


Execution detail:

Date/time Symbol Side Price Position
2020-05-22 10:04:32 TLRY buy $8.910 long
2020-05-22 10:04:32 TLRY buy $8.910 long
2020-05-22 10:04:32 TLRY buy $8.910 long
2020-05-22 10:07:07 TLRY sell $9.050 long
2020-05-22 10:10:04 TLRY sell $9.180 0


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