Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Aug 06 2020: New IPO today / IPO price of $18
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Runner
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 20.70 level
Confluence: N/a
Strike Zone: 20.75 - 20.60
Sizing (lots + emergency): 500
Risk (stop / Rs): 20.49
Review / Lessons Learned
Small wallet padder, since I missed the long from 20 I was hoping to get in on a dip to 20.70 to ride the continuation / next leg up. Tape was too heavy at 21 so I cut before it failed - read tape.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-08-06 14:54:04 | RKT | buy | $20.780 | long |
| 2020-08-06 14:54:04 | RKT | buy | $20.780 | long |
| 2020-08-06 14:54:04 | RKT | buy | $20.780 | long |
| 2020-08-06 14:57:10 | RKT | sell | $20.920 | long |
| 2020-08-06 14:57:10 | RKT | sell | $20.920 | long |
| 2020-08-06 14:57:10 | RKT | sell | $20.920 | 0 |
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