SONN Trade on Jul 31, 2020 07:55 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Jul 31 2020: FDA grants Expanded Access Protocol to RLF-100 (Aviptadil) for Respiratory Failure in COVID-19

Technical Analysis

-SPY pattern: Bowl
-Intraday pattern: Parabolic Fade
-Other notes: Micro shelf over PMH

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 6.65 level in PM
Confluence: Half $
Strike Zone: 6.65 - 6.5
Sizing (lots + emergency):
Risk (stop / Rs): 6.34

Review / Lessons Learned

Best trade today was in PM and it was small...

I got in two lots and sold early due to heavy tape, saved myself from a huge dump...

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-31 07:55:45	SONN	buy	$6.780	long
2020-07-31 07:56:00	SONN	buy	$6.680	long
2020-07-31 07:56:01	SONN	buy	$6.680	long
2020-07-31 07:56:27	SONN	sell	$6.870	long
2020-07-31 07:57:15	SONN	sell	$6.850	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SONN&trade=18111174&end=20200731085815&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SONN&trade=18111174&end=20200731095715&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SONN&trade=18111174&end=20200731160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SONN&trade=18111174&end=20200830&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Candide84

2020-07-31 22:03:17

Wow!!I can't believe you took it. Gutsy move..