VVPR Trade on Oct 16, 2020 13:37 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-Float = 6M

Catalysts / News / Painting the picture

-Oct 09 2020: Executes Definitive Agreement to Acquire 51% of a Light Electric Vehicle Company

Technical Analysis

-SPY pattern: Parabolic Fade
-Intraday pattern: Parabolic Fade
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 400
Risk (stop / Rs): 8.86

Review / Lessons Learned

Distribution trade was dry of liquidity but it was setting up well on micro + macro timeframes, took 1R loss and borrows were a 1R loss as well. -2R with borrows)

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-10-16 13:37:45	VVPR	sell	$8.650	short
2020-10-16 14:29:27	VVPR	buy	$8.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VVPR&trade=20401992&end=20201016144227&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VVPR&trade=20401992&end=20201016154127&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VVPR&trade=20401992&end=20201016160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VVPR&trade=20401992&end=20201115&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}