Shared by
beno
Fundamentals
Float = 7.5M
Catalysts / News / Painting the picture
-Sep 28 2020: New S-1 @ $1.46
Technical Analysis
-SPY pattern: Mountain
-Intraday pattern: Runner
-Other notes: Runner pattern but had an EOD Mountain / Volume Climax candle
Strategy / Confluence / Sizing Guide / Risk
Strategy: Mountain
Confluence: N/a
Strike Zone: 5.3 - 4.9
Sizing (lots + emergency): 2000
Risk (stop / Rs): Hold above 5 (5 was clean psychology and technical death line)
Review / Lessons Learned
Only used 1/3 of what I located and didn't get in early enough, should have got in after that volume climax candle which traded 1/4 of its float in a single 1m candle. Still best trade today even though I executed it like a putz...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-02 15:18:37 | WWR | sell | $4.780 | short |
| 2020-10-02 15:21:41 | WWR | sell | $4.940 | short |
| 2020-10-02 15:25:27 | WWR | buy | $4.640 | short |
| 2020-10-02 15:25:44 | WWR | buy | $4.620 | short |
| 2020-10-02 15:26:44 | WWR | buy | $4.570 | short |
| 2020-10-02 15:34:31 | WWR | buy | $4.830 | 0 |
| 2020-10-02 15:36:47 | WWR | sell | $4.630 | short |
| 2020-10-02 15:37:08 | WWR | buy | $4.630 | 0 |
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