SUNW Trade on Oct 6, 2020 12:21 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Float = 16M

Catalysts / News / Painting the picture

-Sep 23 2020: SPI sympathy

Technical Analysis

-SPY pattern: Rug Pull
-Intraday pattern: Mountain
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 3.25 level
Confluence: N/a
Strike Zone: 3.26 - 3.2
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold below 3.25

Review / Lessons Learned

Small loss, should have waited longer for at least 1 1m candle to close high above the level. Instead I longed into a HOD stuff candle, never fun situation to get in. Luckily it bounced enough for me to cut it for a very small loss.

Lessons Learned: Only take the first test after a HOD clear-out if the candle closed at highs or the break was significant!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-10-06 12:21:02	SUNW	buy	$3.260	long
2020-10-06 12:21:02	SUNW	buy	$3.260	long
2020-10-06 12:21:02	SUNW	buy	$3.260	long
2020-10-06 12:23:17	SUNW	sell	$3.240	long
2020-10-06 12:23:17	SUNW	sell	$3.240	long
2020-10-06 12:23:23	SUNW	sell	$3.240	long
2020-10-06 12:23:24	SUNW	sell	$3.240	long
2020-10-06 12:23:27	SUNW	sell	$3.220	long
2020-10-06 12:23:27	SUNW	sell	$3.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SUNW&trade=20093085&end=20201006125227&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SUNW&trade=20093085&end=20201006135327&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SUNW&trade=20093085&end=20201006160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SUNW&trade=20093085&end=20201105&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}