SLDB Trade on Oct 2, 2020 10:58 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

-Float = 26M
-IO = 80%

Catalysts / News / Painting the picture

-Oct 01 2020: Announces FDA Lifts Clinical Hold on IGNITE DMD Clinical Trial

Technical Analysis

-SPY pattern: Bull Flag
-Intraday pattern: Runner
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: LHF (day 2 fade from prior day structure)
Confluence: N/a
Strike Zone: 4 - 4.2
Sizing (lots + emergency): 400
Risk (stop / Rs): Hold above 4.1

Review / Lessons Learned

Stock ended up running on the day and rallying, too much of float was still stuck short. Prior day level still offered a decent scalp opportunity, +1R

image


Execution detail:

Date/time Symbol Side Price Position
2020-10-02 10:58:32 SLDB sell $4.060 short
2020-10-02 11:06:00 SLDB sell $3.870 short
2020-10-02 11:11:07 SLDB buy $3.820 short
2020-10-02 11:40:14 SLDB buy $3.840 0


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