IPOB Trade on Sep 15, 2020 11:42 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Sep 15 2020: Opendoor, a Leading Digital Platform for Residential Real Estate, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Runner
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: N/a
Confluence: N/a
Strike Zone: 15.3 - 15.36
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold above 15.36

Review / Lessons Learned

Didn't have a playbook on this, wanted to get short on the break of the trendline, looked like it was gonna have a hard fade but liquidity was dry down there and bids swiped it up..

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-09-15 11:42:25	IPOB	sell	$15.300	short
2020-09-15 11:47:25	IPOB	sell	$15.250	short
2020-09-15 11:47:25	IPOB	sell	$15.250	short
2020-09-15 11:47:25	IPOB	sell	$15.250	short
2020-09-15 11:47:25	IPOB	sell	$15.250	short
2020-09-15 11:50:06	IPOB	sell	$15.340	short
2020-09-15 11:50:06	IPOB	sell	$15.340	short
2020-09-15 11:50:06	IPOB	sell	$15.340	short
2020-09-15 11:52:39	IPOB	buy	$15.440	short
2020-09-15 11:52:39	IPOB	buy	$15.440	short
2020-09-15 11:52:39	IPOB	buy	$15.450	short
2020-09-15 11:52:39	IPOB	buy	$15.450	short
2020-09-15 11:52:39	IPOB	buy	$15.460	short
2020-09-15 11:52:39	IPOB	buy	$15.455	short
2020-09-15 11:52:39	IPOB	buy	$15.460	short
2020-09-15 11:52:39	IPOB	buy	$15.460	short
2020-09-15 11:54:19	IPOB	buy	$15.460	short
2020-09-15 11:54:19	IPOB	buy	$15.450	short
2020-09-15 11:54:19	IPOB	buy	$15.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=IPOB&trade=19425118&end=20200915122019&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=IPOB&trade=19425118&end=20200915132119&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=IPOB&trade=19425118&end=20200915160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=IPOB&trade=19425118&end=20201015&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Russthemus

2020-09-15 18:51:56

Ive lately watch for the fade to be short the last 3 hrs of the day.