MAT Trade on Oct 23, 2020 11:12 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

MAT
Intraday Fundamentals
• Solid earnings report
Technical Stats
ADV 3.5M RVOL 2.16 ATR .39 BETA 1.46 Short 5% Inst Own -

Trading Strategy
• Look for a short back into VWAP if this flushes the PM low and bounces clear most at 13.60 and hold some looking for 13.20
• If this bases at or above 13.60 look long and target 14 with the tightest market structure its shows on the one or the three
Reading the Tape

This just needed a better entry. I marketed in on a spike. I could have added to help me cause. I had decent risk on it already and figured I would work my patience on this and hope for either a new high to add to or a quicker flush. The flush before this was not something that I have seen often. I had the right idea and was willing to work this towards it's HoD. I am going to say that this was great for the self talk.
image


Execution detail:

Date/time Symbol Side Price Position
2020-10-23 11:12:20 MAT sell $14.700 short
2020-10-23 11:28:36 MAT buy $14.610 short
2020-10-23 11:51:02 MAT buy $14.540 0


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