EQ Trade on Nov 11, 2020 13:02 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-Float = 13M

Catalysts / News / Painting the picture

-Nov 10 2020: Earnings release / trial updates

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Mountain
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 1000
Risk (stop / Rs): Reclaim and hold above 6

Review / Lessons Learned

Trade of the day, I only sized up more when we broke below VWAP and got that 5.6 zone test, but the tape behavior changed (noticed more erratic buying) so I was more aggressive on covers. +4R here

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-11 13:02:33	EQ	sell	$5.870	short
2020-11-11 13:02:33	EQ	sell	$5.870	short
2020-11-11 13:02:33	EQ	sell	$5.870	short
2020-11-11 13:02:33	EQ	sell	$5.870	short
2020-11-11 13:03:49	EQ	buy	$5.670	short
2020-11-11 13:11:33	EQ	sell	$5.810	short
2020-11-11 13:13:30	EQ	buy	$5.560	short
2020-11-11 13:22:55	EQ	buy	$5.340	0
2020-11-11 13:53:06	EQ	sell	$5.420	short
2020-11-11 13:53:06	EQ	sell	$5.420	short
2020-11-11 13:53:06	EQ	sell	$5.420	short
2020-11-11 13:53:06	EQ	sell	$5.420	short
2020-11-11 13:53:06	EQ	sell	$5.420	short
2020-11-11 13:54:25	EQ	sell	$5.480	short
2020-11-11 13:54:25	EQ	sell	$5.480	short
2020-11-11 13:54:25	EQ	sell	$5.480	short
2020-11-11 13:59:41	EQ	buy	$5.410	short
2020-11-11 13:59:41	EQ	buy	$5.410	short
2020-11-11 13:59:41	EQ	buy	$5.410	short
2020-11-11 14:00:33	EQ	buy	$5.390	short
2020-11-11 14:00:33	EQ	buy	$5.390	short
2020-11-11 14:00:33	EQ	buy	$5.390	short
2020-11-11 14:00:56	EQ	buy	$5.350	short
2020-11-11 14:01:24	EQ	buy	$5.280	short
2020-11-11 14:01:24	EQ	buy	$5.280	short
2020-11-11 14:04:15	EQ	buy	$5.340	short
2020-11-11 14:06:53	EQ	buy	$5.250	short
2020-11-11 14:06:53	EQ	buy	$5.250	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EQ&trade=21186909&end=20201111141553&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EQ&trade=21186909&end=20201111151553&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=EQ&trade=21186909&end=20201111160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=EQ&trade=21186909&end=20201211&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

scazorla1

2020-11-11 21:01:24

Wow, I am not the only one who calls it mountain setup!

beno

2020-11-13 07:47:40

Hehe, glad to know I'm not the only one either!