APRN Trade on Jun 1, 2020 15:28 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Meal delivery company running because ppl stuck at home
-March 30 2020: Hello Fresh says quarter will be good due to CoronaVirus

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Runner, Big Pullback
-Levels: 9.5, 10, 10.5, 11.25, 12, 13

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 12 level
Confluence: Whole $
Strike Zone: 12.2 - 11.8
Sizing (lots): 3
Risk (stop / Rs): Hold below 11.8

Review / Lessons Learned

Got to full size but the bounce was very weak so trade didn't yield that much P&L.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-06-01 15:28:36	APRN	buy	$12.120	long
2020-06-01 15:28:36	APRN	buy	$12.120	long
2020-06-01 15:31:10	APRN	buy	$12.040	long
2020-06-01 15:31:27	APRN	buy	$11.940	long
2020-06-01 15:36:31	APRN	sell	$12.020	long
2020-06-01 15:36:38	APRN	sell	$12.070	long
2020-06-01 15:36:59	APRN	sell	$12.060	long
2020-06-01 15:37:39	APRN	sell	$12.130	long
2020-06-01 15:39:39	APRN	sell	$12.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APRN&trade=15198712&end=20200601160000&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APRN&trade=15198712&end=20200601160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APRN&trade=15198712&end=20200601160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=APRN&trade=15198712&end=20200701&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

sue1056

2020-06-02 03:49:03

Are you incorporating level 2 or order flow at all? Check out my AMD trade I posted.

beno

2020-06-02 07:12:32

Hey sue1056! When I'm in trades I always watch the level 2 / tape. Although I take everything with a grain of salt, level 2 is easy to manipulate. PA is where its at!

I looked at your AMD trade but its hard to see what kind of trade it was without any explanation and a PM chart.

sue1056

2020-06-02 15:17:24

I'm learning as I'm going haha. How was today for you? My first few position drew down to 1k. But these iron hands held strong. I decided to call it quits at noon and end on 220 green for the day.