Shared by
beno
Fundamentals
-Float = 150M
Catalysts / News / Painting the picture
-Nov 18 2020: no news
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Type 4
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): 4.1 then hold below 4.7
Review / Lessons Learned
First attempt at Type 4 was half success because it didn't get to HOD. Second attempt was to attempt to catch the AH squeeze but I'm assuming that the float was simply too big and rigger couldn't lock enough of it. B/E on trade
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-18 15:17:57 | DNK | buy | $4.340 | long |
| 2020-11-18 15:17:57 | DNK | buy | $4.350 | long |
| 2020-11-18 15:17:57 | DNK | buy | $4.350 | long |
| 2020-11-18 15:19:22 | DNK | buy | $4.200 | long |
| 2020-11-18 15:19:22 | DNK | buy | $4.220 | long |
| 2020-11-18 15:23:35 | DNK | sell | $4.400 | long |
| 2020-11-18 15:23:35 | DNK | sell | $4.400 | long |
| 2020-11-18 15:23:35 | DNK | sell | $4.400 | long |
| 2020-11-18 15:26:29 | DNK | sell | $4.405 | long |
| 2020-11-18 15:26:29 | DNK | sell | $4.400 | 0 |
| 2020-11-18 16:14:36 | DNK | buy | $5.060 | long |
| 2020-11-18 16:21:18 | DNK | buy | $4.760 | long |
| 2020-11-18 16:30:04 | DNK | sell | $4.800 | long |
| 2020-11-18 16:30:04 | DNK | sell | $4.800 | long |
| 2020-11-18 16:30:04 | DNK | sell | $4.800 | long |
| 2020-11-18 16:30:04 | DNK | sell | $4.800 | long |
| 2020-11-18 16:30:04 | DNK | sell | $4.800 | 0 |
Comments
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This ticker was choppy in the morning, took a small loss in the morning