LULU Trade on Sep 9, 2020 14:40 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Sep 08 2020: Net rev up 2% Y/Y / EPS down to .66 compared to .96 from last year's Q

Technical Analysis

-SPY pattern: Runner, Big Pullback
-Intraday pattern: Bowl
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Distribution
Confluence: 1min-JL
Strike Zone: N/a
Sizing (lots + emergency): 20
Risk (stop / Rs): Hold above 317.5

Review / Lessons Learned

Believe it didn't work because trade was near close time / EOD. Starting to notice that distributions will more likely do a 180 if pattern builds into EOD


Execution detail:

Date/time Symbol Side Price Position
2020-09-09 14:40:41 LULU sell $317.080 short
2020-09-09 15:10:24 LULU sell $316.760 short
2020-09-09 15:10:24 LULU sell $316.760 short
2020-09-09 15:13:48 LULU buy $317.690 short
2020-09-09 15:14:44 LULU buy $317.700 0


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