TLRY Trade on May 27, 2020 14:38 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: Bowl
-Intraday pattern: Consolidation
-Levels: 10, 10.5, 11.2

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 10.5 level
Confluence: Half $, VWAP
Strike Zone: 11.65 - 11.50
Sizing (lots): 3
Risk (stop / Rs): Hold below 11.50

Review / Lessons Learned

Took starter but bounced right after, took profits on my starter, didn't re-hit when it came back down because trade was over for me.


Execution detail:

Date/time Symbol Side Price Position
2020-05-27 14:38:46 TLRY buy $10.610 long
2020-05-27 14:38:46 TLRY buy $10.610 long
2020-05-27 14:39:51 TLRY sell $10.670 long
2020-05-27 14:40:56 TLRY sell $10.710 0


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