Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 23 2020: Plug Power Acquires United Hydrogen Group and Giner ELX
-EV sector sympathy play
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Levels: 8.5, 8.8, 9.15 - 9.3
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 8.8. level
Confluence: VWAP
Strike Zone: 8.82 - 8.7
Sizing (lots): 3
Risk (stop / Rs): Hold below 8.7
Review / Lessons Learned
Used bigger size lots as stock is thick, OGT, scaled out slowly as I was ITM.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-01 10:45:44 | PLUG | buy | $8.860 | long |
| 2020-07-01 10:45:44 | PLUG | buy | $8.860 | long |
| 2020-07-01 10:45:52 | PLUG | buy | $8.875 | long |
| 2020-07-01 10:50:42 | PLUG | buy | $8.795 | long |
| 2020-07-01 10:52:51 | PLUG | sell | $8.890 | long |
| 2020-07-01 10:52:51 | PLUG | sell | $8.890 | long |
| 2020-07-01 10:56:16 | PLUG | sell | $8.880 | long |
| 2020-07-01 10:56:29 | PLUG | sell | $8.880 | long |
| 2020-07-01 10:56:29 | PLUG | sell | $8.880 | long |
| 2020-07-01 10:57:00 | PLUG | sell | $8.910 | long |
| 2020-07-01 10:57:37 | PLUG | sell | $8.900 | long |
| 2020-07-01 10:58:15 | PLUG | sell | $8.905 | long |
| 2020-07-01 10:59:18 | PLUG | sell | $8.920 | long |
| 2020-07-01 10:59:18 | PLUG | sell | $8.920 | long |
| 2020-07-01 10:59:47 | PLUG | sell | $8.930 | long |
| 2020-07-01 11:00:07 | PLUG | sell | $8.960 | long |
| 2020-07-01 11:00:13 | PLUG | sell | $8.965 | long |
| 2020-07-01 11:00:13 | PLUG | sell | $8.960 | 0 |
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