Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Sep 16 2020: Many analyst upgrades this week due to good earnings last week
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test short of 8.6
Confluence: 1m-JL
Strike Zone: 8.55-8.6
Sizing (lots + emergency): 750
Risk (stop / Rs): Hold above 8.6
Review / Lessons Learned
Got short but almost stopped out at top, was patient and gave it more time, took 1/3 off at B/E since it was holding well, took all off in high 8.4's because bids were absorbing there and wouldn't go lower, it was making a HL
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-16 15:01:03 | GME | sell | $8.530 | short |
| 2020-09-16 15:01:03 | GME | sell | $8.530 | short |
| 2020-09-16 15:01:03 | GME | sell | $8.530 | short |
| 2020-09-16 15:01:03 | GME | sell | $8.531 | short |
| 2020-09-16 15:01:03 | GME | sell | $8.530 | short |
| 2020-09-16 15:01:03 | GME | sell | $8.530 | short |
| 2020-09-16 15:01:27 | GME | sell | $8.590 | short |
| 2020-09-16 15:01:27 | GME | sell | $8.590 | short |
| 2020-09-16 15:01:27 | GME | sell | $8.590 | short |
| 2020-09-16 15:08:24 | GME | buy | $8.560 | short |
| 2020-09-16 15:08:24 | GME | buy | $8.560 | short |
| 2020-09-16 15:08:24 | GME | buy | $8.560 | short |
| 2020-09-16 15:13:56 | GME | buy | $8.478 | short |
| 2020-09-16 15:14:26 | GME | buy | $8.500 | 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!