KRTX Trade on Jul 13, 2020 14:05 from aceknuckles: Tradervue User Stock Trades.

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aceknuckles

 

Ticker: KRTX
Date: 7/13/20
Size: 10
Amount of Trades: 1
Closed P&L: $-22.4

(as of 7/13/20)
RVol: .84
AVol: 271k
ATR: 6.59
Float: 20.91M
Beta: n/a
52 Week Range: $11.24 - 152.00
Sector/Industry: Healthcare/Biotechnology

KTRX is a name that popped up some time ago. Price rallied from $32-94 in November 2019 and pretty much meandered between it's ultimate resistance of 123.99 and support of 85.01 (monthly level). Price sold off and bounce off of the 233 MA around $50 and rallied back above 94. I was waiting for the support buy at $94. The spread was really wide on this name and there was never a steady flow in the tap. A huge transaction would take place, then nothing. Then another one, then nothing. Price sold off on mid-day, but returned to 94.91 which is where I decided to get long. I though buyers had stepped back in but price flushed again around 3p, taking out my stop at 92.67.

The RVOL was low and the ATR was HIGH. This wasn't a normal trade for me, but I DO believe there may be an opportunity here. I'm glad I went in with small size.


Execution detail:

Date/time Symbol Side Price Position
2020-07-13 14:05:13 KRTX buy $94.910 long
2020-07-13 15:06:45 KRTX sell $92.670 0


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