Gravatar

Shared by
beno

 

RMBL

Jul 17, 2020 14:55


Tags:

Trade Of The Day Swing Frontside Scalping LIVE Intraday Frontside HTB First Test Confluence-Whole$

Fundamentals

N/a

Catalysts / News / Painting the picture

-Jul 17 2020: RumbleOn Announces a Dealer-Centric Pilot Program With CarGurus

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Runner, Big Pullback
-Other notes: Backside is often nasty after a good short squeeze!

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 32 level
Confluence: Whole $
Strike Zone: 32 - 31.5
Sizing (lots + emergency): 1+1
Risk (stop / Rs): Hold below 32

Review / Lessons Learned

Only took this with one lot because its dangerous longing up there, risk of infinite dump. Took profits after instant bounce


Execution detail:

Date/time Symbol Side Price Position
2020-07-17 14:55:56 RMBL buy $32.030 long
2020-07-17 14:56:01 RMBL sell $32.800 long
2020-07-17 14:56:03 RMBL sell $33.250 long
2020-07-17 14:56:08 RMBL sell $33.340 long
2020-07-17 14:56:08 RMBL sell $33.320 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!

View plans, Sign up for free, or Log in