CNDT Trade on Aug 7, 2020 10:44 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 4 level
Confluence: Whole $
Strike Zone: 4.05 - 3.9
Sizing (lots + emergency): 1000
Risk (stop / Rs): 4.82

Review / Lessons Learned

Very low grade setup even with the Whole $ confluence because its top heavy and on backside at that point. Was still heavy when it tried to reclaim 4 so took it off, saved myself further downside.


Execution detail:

Date/time Symbol Side Price Position
2020-08-07 10:44:41 CNDT buy $3.955 long
2020-08-07 10:45:15 CNDT sell $4.020 long
2020-08-07 10:46:18 CNDT sell $4.015 long
2020-08-07 10:46:18 CNDT sell $4.015 0


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