Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jul 14 2020: Announces Investigator-Sponsored Trial of Fostamatinib in Patients with COVID-19 Pneumonia
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Other notes: Also notes of Bowl and Bull flag intraday price action
Strategy / Confluence / Sizing Guide / Risk
Strategy: first test long of 3.85 level
Confluence: VWAP
Strike Zone: 3.9 - 3.8
Sizing (lots + emergency): 3+2
Risk (stop / Rs): Hold below VWAP
Review / Lessons Learned
Again, I was keeping my bigger size for the 3.8's, we made a low of 3.96 and my entry was 3.97, not bad, I still need to work on adding more when I see its working... this is a known weakness of mine
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-14 12:44:09 | RIGL | buy | $3.967 | long |
| 2020-07-14 12:44:09 | RIGL | buy | $3.970 | long |
| 2020-07-14 12:44:09 | RIGL | buy | $3.965 | long |
| 2020-07-14 12:44:09 | RIGL | buy | $3.970 | long |
| 2020-07-14 12:44:09 | RIGL | buy | $3.970 | long |
| 2020-07-14 12:45:49 | RIGL | sell | $4.032 | long |
| 2020-07-14 12:45:49 | RIGL | sell | $4.035 | long |
| 2020-07-14 12:45:49 | RIGL | sell | $4.035 | long |
| 2020-07-14 12:46:35 | RIGL | sell | $4.160 | long |
| 2020-07-14 12:46:53 | RIGL | sell | $4.122 | long |
| 2020-07-14 12:46:53 | RIGL | sell | $4.122 | 0 |
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