NKE Trade on Sep 23, 2020 12:21 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Sep 22 2020: Earnings - Sales up 12%, EPS up 10% Q/Q

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: Rotation
Confluence: Half $, 2m-JL
Strike Zone: 128.7 - 128
Sizing (lots + emergency): 50
Risk (stop / Rs): Reactionary

Review / Lessons Learned

Saw weakness on tape after it failed to continue its bounce and I scratched it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-09-23 12:21:59	NKE	buy	$128.650	long
2020-09-23 12:27:03	NKE	sell	$128.770	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NKE&trade=19706470&end=20200923125503&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NKE&trade=19706470&end=20200923135403&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NKE&trade=19706470&end=20200923160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NKE&trade=19706470&end=20201023&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}