NTRA Trade on Sep 3, 2020 09:39 from henryangelotam: Tradervue User Stock Trades.

Sentiment
- SPX moved to new highs showing a parabolic move following on the news that the FED is being more flexible with regards to inflation as they changed the target to an average of 2% instead of actual 2% which means that they will keep interest rates low for quite sometime.
- However, overall market showed volatility as the parabolic moved ended on at the same day. Analyst say that it is a "healthy" reaction of the market as it needs a breather for the next leg up.
Fundamentals/Narrative
- Processed 234,000 tests on par with record volume performance in 1Q.
- Product rev up by 24%
- Commenced commercial launch of prospera which is an organ transplant testing.
- Processed units are at ATH levels
Technicals
- Up by more that 30% from the basing pattern to ATH levels
- ADX>30
- Supporting at 10EMA
Execution
- I got previously stopped out once by this stock a few days ago but I still want to give it another try since it is in momentum mode and us having a clear pullback to the 10EMA.
- However, the execution was made at a volatile candle as compared to the past few days.
Notes/For Improvement
- I could've done a better job at finding a better setup than what this stock showed since the candle before I entered was already very volatile. However, I think that the placement of my entry and stop was on point and properly executed.