CARV Trade on Jul 22, 2020 14:10 from aceknuckles: Tradervue User Stock Trades.

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aceknuckles

 

Ticker: CARV
Date: 7/22/20
Size: 50
Amount of Trades: 1
Closed P&L: $-12.50

(as of 7/22/20)
RVol: .5
AVol: 2.3M
ATR: 1.5
Float: 1.33M
Short Float: 1.5
Beta: 1.8
52 Week Range: $1.25 - 22.97
Sector/Industry: Financial/Banks - Regional

CARV has been a pretty volatile name since the street decided it was a good idea to invest in black business. $6.21 and 6.75 were area of where price found support but also found lots of volatility (hindsight). Price ranged below 6.21 before exploding to 6.75. My limit was hit at 6.75 but price failed to hold the level and flushed almost immediately back to 6.21. I could have placed my order at 6.21 but the amount of buyer that stepped it led me to believe the train was leaving the station. I see how the intraday trend was extended at 6.75, which is definitely something to look out for. Volume wasn't the greatest and there wasn't a catalyst, just price action. There weren't enough variables in my favor to truly call this a "Good trade"


Execution detail:

Date/time Symbol Side Price Position
2020-07-22 14:10:26 CARV buy $6.750 long
2020-07-22 14:11:53 CARV sell $6.500 0


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