Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Aug 13 2020: Earnings: Record Revenues of $43.5 Million
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 16.6 level
Confluence: 3min-JL
Strike Zone: 16.6 - 16.5
Sizing (lots + emergency): 250
Risk (stop / Rs): hold below 16.5
Review / Lessons Learned
Wanted to long this accumulation play for a trend change but didn't get in before the break so instead joined in with a first test when it retested the resistance, thought it would spike up faster but was wrong, sellers kept stepping in so I scratched it for small green trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-08-21 12:23:25 | GRWG | buy | $16.670 | long |
| 2020-08-21 12:23:25 | GRWG | buy | $16.670 | long |
| 2020-08-21 12:29:11 | GRWG | sell | $16.730 | long |
| 2020-08-21 12:29:11 | GRWG | sell | $16.730 | 0 |
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