Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 06 2020: Celldex's KIT Inhibitor CDX-0159 Demonstrates Profound, Sustained Dose-dependent Reductions in Plasma Tryptase
-Jun 10 2020: Small amounts of insider buying
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Runner
-Levels: 5.7, 7 - 7.1, 8.25 - 8.5, 9, 10
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 9 level
Confluence: Whole $
Strike Zone: 9.2 - 9
Sizing (lots): 2
Risk (stop / Rs): Hold below 9
Review / Lessons Learned
Got to full size but stock was very weak on the bounce so started scaling out near my first entry, small wallet padder win.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-11 15:28:24 | CLDX | buy | $9.230 | long |
| 2020-06-11 15:29:47 | CLDX | buy | $9.030 | long |
| 2020-06-11 15:30:50 | CLDX | sell | $9.200 | long |
| 2020-06-11 15:30:50 | CLDX | sell | $9.200 | long |
| 2020-06-11 15:31:05 | CLDX | sell | $9.290 | long |
| 2020-06-11 15:31:25 | CLDX | sell | $9.240 | long |
| 2020-06-11 15:31:37 | CLDX | sell | $9.100 | long |
| 2020-06-11 15:31:37 | CLDX | sell | $9.103 | 0 |
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