RKT Trade on Oct 5, 2020 09:35 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Aug 06 2020: New IPO today / IPO price of $18
-Aug 21 2020: Earnings anticipation Sept 02
-Oct 01 2020: Realtor.com Partnership, Strong Housing Data

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 23
Confluence: Whole $
Strike Zone: 23.1 - 22.9
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 22.9

Review / Lessons Learned

Shouldn't have taken the trade because the level was not cleanly built again this morning. -1R

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-10-05 09:35:42	RKT	buy	$23.110	long
2020-10-05 09:35:42	RKT	buy	$23.110	long
2020-10-05 09:35:42	RKT	buy	$23.110	long
2020-10-05 09:37:22	RKT	sell	$22.820	long
2020-10-05 09:37:22	RKT	sell	$22.815	long
2020-10-05 09:37:22	RKT	sell	$22.810	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RKT&trade=20069651&end=20201005100622&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RKT&trade=20069651&end=20201005110722&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RKT&trade=20069651&end=20201005160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=RKT&trade=20069651&end=20201104&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}