CNDT Trade on Aug 7, 2020 09:46 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

No shelves / no dilution, High IO and higher than usual float

Catalysts / News / Painting the picture

-Aug 07 2020: Earnings: Rev up 25% Y/Y, Signings up 90% Y/Y

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 3.8 level
Confluence: VWAP
Strike Zone: 3.8 - 3.7
Sizing (lots + emergency): 1000
Risk (stop / Rs): 3.6

Review / Lessons Learned

Low grade setup that I only took with small size but turned into a monster morning runner. Best trade of the day on only 500 shares.


Execution detail:

Date/time Symbol Side Price Position
2020-08-07 09:46:31 CNDT buy $3.855 long
2020-08-07 09:46:31 CNDT buy $3.855 long
2020-08-07 09:46:31 CNDT buy $3.858 long
2020-08-07 09:46:31 CNDT buy $3.860 long
2020-08-07 09:46:31 CNDT buy $3.860 long
2020-08-07 09:48:34 CNDT sell $3.940 long
2020-08-07 09:49:17 CNDT sell $4.090 0


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