IBIO Trade on Aug 25, 2020 10:16 from beno: Tradervue User Stock Trades.

Gravatar

Shared by
beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-No news
-Jul 20 2020: Positive MRNA vaccine news / sector sympathy
-Aug 24 2020: FDA issued emergency use authorization for convalescent plasma as a potential COVID–19 treatment

Technical Analysis

-SPY pattern: Bowl
-Intraday pattern: Mountain
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 2.6 level
Confluence: PM Level
Strike Zone: 2.65 - 2.6
Sizing (lots + emergency): 4000
Risk (stop / Rs): 2.49

Review / Lessons Learned

Took trade twice as the first time it popped and it didn't come down fully to my level, took it with a total of 3k shares which is close to my max size. Best trade today. Missed the Mountain backside on it in the afternoon


Execution detail:

Date/time Symbol Side Price Position
2020-08-25 10:16:27 IBIO buy $2.650 long
2020-08-25 10:16:27 IBIO buy $2.647 long
2020-08-25 10:16:27 IBIO buy $2.650 long
2020-08-25 10:17:30 IBIO sell $2.685 long
2020-08-25 10:17:57 IBIO sell $2.700 0
2020-08-25 10:18:57 IBIO buy $2.620 long
2020-08-25 10:18:57 IBIO buy $2.620 long
2020-08-25 10:19:01 IBIO buy $2.610 long
2020-08-25 10:19:31 IBIO sell $2.640 long
2020-08-25 10:20:08 IBIO sell $2.650 long
2020-08-25 10:20:25 IBIO sell $2.660 long
2020-08-25 10:20:25 IBIO sell $2.660 0


Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in