Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jul 01 2020: MYOS RENS Technology and MedAvail Inc. Announce Merger and Spin-Out of Muscle Health Business
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Levels: 2.4, 3, 3.5 - 3.6
-Weird ass algo on this stock...
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 3.5 level
Confluence: Half $
Strike Zone: 3.6 - 3.4
Sizing (lots): 3
Risk (stop / Rs): Hold below 3.5
Review / Lessons Learned
Entered on the rug pull to 3.4's then it continued lower, added an emergency lot, when it went lower I knew that the algo did a HOD clear out and was about to fuck longs so I took a small loss after I added my emergency lot.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-01 14:09:50 | MYOS | buy | $3.450 | long |
| 2020-07-01 14:10:00 | MYOS | buy | $3.450 | long |
| 2020-07-01 14:10:03 | MYOS | buy | $3.370 | long |
| 2020-07-01 14:10:03 | MYOS | buy | $3.370 | long |
| 2020-07-01 14:10:03 | MYOS | buy | $3.370 | long |
| 2020-07-01 14:10:04 | MYOS | buy | $3.360 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.370 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.370 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.370 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.370 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.380 | long |
| 2020-07-01 14:11:44 | MYOS | sell | $3.370 | 0 |
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