SPI Trade on Oct 15, 2020 08:29 from steiff: Tradervue User Stock Trades.

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steiff

 

Setup:
- S&P: -1.13% - DOW: -1.11% - QQQ: -1.52%
- Premarket was trending huge up to 42%
- Support was in that tight timeframe 13$
- Previous high was 13.50$

Entry: $13.05
Stop: $12.79 ->
Target: $13.49
Qty: 1500

Reward: $644

Execution:
- Bought long 1500 shares when stock was declining to it's previous support
- Sold 1500 shares when stock reached it's previous resistance

Improvements:
- Sell 50% shares at resistance and try go further
- Wait a bit longer to reach full reward potential

Strong points:
- Buy big quantities of stocks between $5 and $15 -> huge rewards


Execution detail:

Date/time Symbol Side Price Position
2020-10-15 08:29:32 SPI buy $13.050 long
2020-10-15 08:32:15 SPI sell $13.490 0


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