FL Trade on Aug 10, 2020 14:30 from MLarijani: Tradervue User Stock Trades.

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MLarijani

 

Date: 8-10-20
Symbol:FL
Float : 97 million
Sh.Out : 104 million
shortable :yes
Ins.Own : 1.3%
Inst.Own: 88 %
% short : 10%
RVOL : 1.59
AVOL: 2.8 million
ATR:0.91
Strategy : Gap up long
catalyst :
** the company announced that it expects to report a surprise profit for the second quarter.

The athletic footwear and apparel store said early Monday that it plans to report a second-quarter profit of 38 to 42 cents per share. Analysts had forecast a loss of 46 cents per share. Adjusting for one-time costs related to recent social unrest and restructuring expenses, it expects a quarterly profit of 66 to 70 cents per share. **
Long term Techs: trading mostly sideways in the past several month. with resistance at $30-32
short term technicals: novice gap into significant resistance $30-31.
the stock retraced during the pre-mkt time and opened at the low of the overnight range but consolidated above the VWAP.
Trade Management. Initial position was at full position with one R risk(R=$1000)
Entry @ 11:35 am @ $29.4
Exit at 13:53 at


Execution detail:

Date/time Symbol Side Price Position
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:20 FL buy $29.400 long
2020-08-10 14:30:34 FL buy $29.400 long
2020-08-11 09:33:24 FL sell $30.450 long
2020-08-11 09:33:24 FL sell $30.450 long
2020-08-11 09:33:24 FL sell $30.450 long
2020-08-11 09:33:24 FL sell $30.450 long
2020-08-11 09:33:24 FL sell $30.450 long
2020-08-11 09:33:24 FL sell $30.450 0
2020-08-11 11:35:12 FL buy $30.260 long
2020-08-11 11:49:21 FL buy $30.500 long
2020-08-11 13:51:02 FL sell $30.510 long
2020-08-11 13:51:02 FL sell $30.510 0


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