HTZ Trade on Oct 19, 2020 07:50 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

-Float = 155M
-Dilution = $3B S-3, $2.25B left

Catalysts / News / Painting the picture

-Oct 16 2020: Receives $1.65B bankruptcy financing package

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 2.75 level form Friday
Confluence: N/a
Strike Zone: 2.79 - 2.7
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold below 2.75

Review / Lessons Learned

Noticed many sellers stepping in in the low 2.8's; happened multiple times so I had to start trimming it out, trimmed off 1/4 at a time, did not get the target I wanted but trade was still green / small win. +0.5R

image


Execution detail:

Date/time Symbol Side Price Position
2020-10-19 07:50:20 HTZ buy $2.780 long
2020-10-19 07:50:20 HTZ buy $2.780 long
2020-10-19 07:54:27 HTZ sell $2.820 long
2020-10-19 07:56:50 HTZ sell $2.820 long
2020-10-19 07:58:43 HTZ sell $2.840 long
2020-10-19 07:59:34 HTZ sell $2.820 0


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