N/a
-Aug 25 2020: Sigma Labs Awarded Contract by Mitsubishi Heavy Industries
-SPY pattern: Bowl
-Intraday pattern: Gap & Crap
-Other notes: N/a
Strategy: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 400
Risk (stop / Rs): 3.63
Near A grade distribution trade, stock was already making a Gap & Crap pattern which already adds to the bearishness of this move, more variables the better. Covered a little before target which I'm a little disappointed in...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-25 12:05:54 | SGLB | sell | $3.575 | short |
2020-08-25 12:16:46 | SGLB | buy | $3.309 | short |
2020-08-25 12:20:19 | SGLB | buy | $3.330 | 0 |
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