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 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!