Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 22 2020: Spotify starts streaming on Comcast's Xfinity devices
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Levels: 240, 248 - 250, 254, 257
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 250 level
Confluence: Whole $
Strike Zone: 250 - 249
Sizing (lots): 3
Risk (stop / Rs): Hold below 249.5
Review / Lessons Learned
OGT but should have taken it with 3 lots instead of 1, kept waiting for lower prices but my initial entry was a bottom tick, should have been more aggressive in entering (THIS IS USUALLY THE CASE!)
Lessons Learned: Be more aggressive when entering positions! (I'm usually not aggressive enough while entering into positions which is why I rarely get to my planned size)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-23 13:35:34 | SPOT | buy | $250.220 | long |
| 2020-06-23 13:40:00 | SPOT | sell | $251.410 | long |
| 2020-06-23 13:42:17 | SPOT | sell | $251.160 | 0 |
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