Shared by
beno
Fundamentals
-Float = 6.75M
Catalysts / News / Painting the picture
-Jul 08 2020: Earnings / Still burning cash
-Oct 16 2020: Mention on CNBC
Technical Analysis
-SPY pattern: Mountain
-Intraday pattern: Mountain
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 15.8 level
Confluence: 1m-JL
Strike Zone: 15.8 - 15.73
Sizing (lots + emergency): 500
Risk (stop / Rs):
Review / Lessons Learned
Lost sight of the bigger picture trade; my entries based on 15m macro chart but my exits are based on micro time frame chart. I need this setup to be a micro risk / macro reward type of play. Only made +0.5R on this one, will need to rework and rethink my execution of this setup!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-20 09:52:21 | JMIA | buy | $15.870 | long |
| 2020-10-20 09:52:21 | JMIA | buy | $15.870 | long |
| 2020-10-20 09:54:03 | JMIA | sell | $15.950 | long |
| 2020-10-20 09:55:31 | JMIA | buy | $15.830 | long |
| 2020-10-20 09:55:31 | JMIA | buy | $15.830 | long |
| 2020-10-20 09:56:57 | JMIA | sell | $16.030 | long |
| 2020-10-20 09:58:55 | JMIA | sell | $16.030 | long |
| 2020-10-20 10:00:34 | JMIA | sell | $15.850 | long |
| 2020-10-20 10:00:34 | JMIA | sell | $15.840 | 0 |
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