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
-Jun 04 2020: Citron short report / New S-3 filed with $2 price
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Levels: 5, 6, 6.7, 7.37
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 6.7 level
Confluence: PM Level
Strike Zone: 6.84 - 6.7
Sizing (lots): 1
Risk (stop / Rs): hold below 6.5
Review / Lessons Learned
Only got a partial fill before bounce...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-05 11:38:42 | GNUS | buy | $6.750 | long |
| 2020-06-05 11:38:42 | GNUS | buy | $6.750 | long |
| 2020-06-05 11:38:42 | GNUS | buy | $6.750 | long |
| 2020-06-05 11:38:42 | GNUS | buy | $6.750 | long |
| 2020-06-05 11:39:22 | GNUS | sell | $6.890 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!