ACB Trade on Nov 9, 2020 10:02 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 14 2020: Earnings - Net rev up 15% Q/Y - Weed sector strong compared to SPY
-May 21 2020: NY Post - Scientists believe cannabis could help prevent and treat coronavirus
-Sep 22 2020: Reporting earnings tonight
-Nov 06 2020: Sympathy from Joe Biden as potential president

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 11.25
Confluence: Whole $
Strike Zone: 11.3 - 11
Sizing (lots + emergency): 250
Risk (stop / Rs):

Review / Lessons Learned

This was B grade at best because this gapped and prior day structure for long interest was asymmetric, so I was being more cautious. B/E here but would have paid had I got back in after the 11 hold.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-09 10:02:53	ACB	buy	$11.260	long
2020-11-09 10:02:53	ACB	buy	$11.260	long
2020-11-09 10:04:33	ACB	sell	$11.240	long
2020-11-09 10:04:33	ACB	sell	$11.240	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=21112234&end=20201109103333&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=21112234&end=20201109113433&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=21112234&end=20201109160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ACB&trade=21112234&end=20201209&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

derekg

2020-11-10 21:51:16

Beno, I like your trade summary format. Curious what you are using to edit/ comment on your charts?

beno

2020-11-11 11:56:37

Thanks, I use Greenshot (https://getgreenshot.org/)

derekg

2020-11-26 10:22:16

Thanks Beno!