SRRK Trade on Oct 29, 2020 10:02 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Fade after
*Entry: Short on Pops vs VWAP an
*Risk: 1/3, vs 44s, scaled up

Catalyst and News:

Up after the secondary offering, for some reason.

Fundamentals:

n/a

Technicals:

Very extended stock. Relatively heavy after the morning falloff

Summation:

Ouch. Took some VERY small size (only 10s total, never fully sized up), at the VWAP tests after the morning dropoff, around the 945 trend. However, I must have missed something in the tape. A nice 5$ swipe up to the HOD nearly hit my account max stop. I'm actually astounded it didn't, and didn't want to stick around to see what would happen if I stayed in, so I got out.

Manged to cover at what ended up being the high of day. If anything, I'm just surprised that it shot up that hard that quickly. Can't recall the last time I saw a $4 green candle on a sub 50 stock.

Takeaways:

One of those days. Came a bit unprepared, thought I was familiar enough with the ticker, but saw the action happen and have seen these kinds of things swipe and swipe and swipe again. Somebody said this could be the next GSX/JKS. Maybe they're right.

Forcing myself to fix my sleep schedule this weekend. Enough is enough.