CRDF Trade on Sep 17, 2020 13:49 from beno: Tradervue User Stock Trades.

Fundamentals

N/a

Catalysts / News / Painting the picture

-Sep 17 2020: Presents Data at ESMO Confirming Efficacy of Onvansertib and Durability of Response in KRAS-Mutated Metastatic Colorectal Cancer (mCRC)

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Mountain
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold above 10.4

Review / Lessons Learned

This was an A+ Mountain attempt that I didn't hold for the bigger move. Stock was very choppy and that made it hard to hold for me personally, instead of adding on the pops I was covering, that triple top consolidation that initiated the backside was tricky, I also got short on the breakdown of 9.5 but it did a shelf below that level before starting its decent which shook me out again. I also tried to get in short at 3:24pm on the pop to 9 but I couldn't get filled, I was so focused on getting a good fill that I missed the entire move!

Lessons Learned: It's more important to actually get filled then to avoid taking liquidity!