KODK Trade on Jul 29, 2020 13:27 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Jul 28 2020: Lands First-Ever Loan Under Defense Production Act, U.S. to Lend $765 Million For Drug Ingredient Push
-Jul 28 2020 AH: Trump gives nod and supports KODK on twitter

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Runner
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 39 level
Confluence: Whole $
Strike Zone: 39.5 - 38.5
Sizing (lots + emergency): 250 + 250
Risk (stop / Rs): Hold below 36

Review / Lessons Learned

Got in then it halted, was scary, was hovering in 37-38 but 38 was ultimately holding, didn't add more as I didn't want to risk more. Ended up taking small loss on it because the bounce wasn't instant resolution, it was stairs up elevator down action.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-29 13:27:28	KODK	buy	$40.370	long
2020-07-29 13:27:41	KODK	buy	$39.090	long
2020-07-29 13:35:35	KODK	sell	$38.680	long
2020-07-29 13:35:39	KODK	sell	$39.450	long
2020-07-29 13:35:42	KODK	sell	$39.430	long
2020-07-29 13:35:48	KODK	sell	$38.780	long
2020-07-29 13:35:48	KODK	sell	$38.760	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=18026727&end=20200729140248&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=18026727&end=20200729150248&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=18026727&end=20200729160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=18026727&end=20200828&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

smashandre

2020-07-30 11:21:25

i really like how you journal my mann, the sub headings, i might start doing this myself. its a lot more organized than what i do

beno

2020-07-30 17:37:37

Hey smashandre! Thanks for reaching out and thanks for the comments. This is my layout for every trade and I it helps me with the review process because it gives me an overall picture of the stock and the market at the time of this trade. I like putting things in bullet points, summarizes easier. If I have anything else important to say about the trade I always put it in the notes at the end.