Shared by
beno
Fundamentals
-May 08 2020: $2.8M ATM offering
-May 13 2020: $5.4M offering
-May 28 2020: Offering of $30M, 20M shares $1.5
Catalysts / News / Painting the picture
-May 07 2020: To Launch Kartoon Channel Digital Network Across multiple platforms
-Jun 03 2020: Channel goes live June 15th
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Runner
-Levels: 4, 4.75, 5.5, 5.9 - 6, 6.7, 7.37, 8
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 6.7 level
Confluence: N/a
Strike Zone: 6.78 - 6.65
Sizing (lots): 2
Risk (stop / Rs): Hold below 6.5
Review / Lessons Learned
Got to full size within strike zone then added emergency lot when it dipped towards 7. OGT / trade of the day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-03 12:18:58 | GNUS | buy | $6.720 | long |
| 2020-06-03 12:19:03 | GNUS | buy | $6.720 | long |
| 2020-06-03 12:19:03 | GNUS | buy | $6.720 | long |
| 2020-06-03 12:19:10 | GNUS | buy | $6.560 | long |
| 2020-06-03 12:19:33 | GNUS | sell | $6.760 | long |
| 2020-06-03 12:19:42 | GNUS | sell | $6.760 | long |
| 2020-06-03 12:19:42 | GNUS | sell | $6.760 | long |
| 2020-06-03 12:19:44 | GNUS | sell | $6.760 | long |
| 2020-06-03 12:19:47 | GNUS | sell | $6.750 | long |
| 2020-06-03 12:19:47 | GNUS | sell | $6.753 | long |
| 2020-06-03 12:19:47 | GNUS | sell | $6.753 | long |
| 2020-06-03 12:19:47 | GNUS | sell | $6.750 | long |
| 2020-06-03 12:19:47 | GNUS | sell | $6.750 | long |
| 2020-06-03 12:20:04 | GNUS | sell | $6.850 | long |
| 2020-06-03 12:20:38 | GNUS | sell | $6.820 | 0 |
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