Shared by
aceknuckles
Ticker: CARV
Date: 6/18/20
Size: 100
Amount of Trades: 1
Closed P&L: $-75.00
(as of 6/19/20)
RVol: 4.65
AVol: 1.18M
ATR: 2.46
Float: 1.35M
Beta: 2.45
52 Week Range: $1.25 - 22.97
Sector/Industry: Financial/Banks - Regional
Price sold off at the beginning of the day and found support around $10. Volume started to increase around 11:20 after bouncing off of $10. Given the tiny float and the massive volume, I assumed buyers were stepping back in so I went long at $10.75. Price immediately flushed before I had a chance to enter my stop at $10.45. I readjusted my stop for $10 and got stopped out shortly after. The support buy at $10 was a safer bet because of the volatility. Given the account size, 100 shares may have been too aggressive ass well.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-18 11:26:52 | CARV | buy | $10.750 | long |
| 2020-06-18 11:26:55 | CARV | buy | $10.750 | long |
| 2020-06-18 11:36:53 | CARV | sell | $10.000 | long |
| 2020-06-18 11:36:53 | CARV | sell | $10.000 | long |
| 2020-06-18 11:36:53 | CARV | sell | $10.000 | 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!