GILD Trade on Oct 23, 2020 10:49 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

GILD
Intraday Fundamentals
• FDA approves Remdesivir
Technical Stats
ADV 9.24 M RVOL 1.46 ATR 1.23 BETA .52 Short 1.5% Inst Own 81.5%

Trading Strategy
Reading the Tape
I took this on the level and did not take a lot of time watching the tape.
Trade Management

I saw this hit a level that should have acted as support. I entered at the SMA. I took the breaking candle as a stop. This gave me 7 cents of risk. I decide to take it off when this could not trade above 62.08. A high on the last local spike.
image


Execution detail:

Date/time Symbol Side Price Position
2020-10-23 10:49:07 GILD buy $61.800 long
2020-10-23 10:51:25 GILD sell $62.005 0


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