YY Trade on Nov 19, 2020 14:36 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-China company
-Float = 60M

Catalysts / News / Painting the picture

-Nov 18 2020: Muddy Waters released short report on company

Technical Analysis

-SPY pattern: Afternoon Runner
-Intraday pattern: Descending Triangle
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 50
Risk (stop / Rs): 85.8

Review / Lessons Learned

Decent attempt on small size and good cut in the end, not many of these EOD distribution trades are working, let alone distributions in general, not right market for them I guess. -1R (but only tiny loss due to small size)

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-19 14:36:02	YY	sell	$85.550	short
2020-11-19 14:36:02	YY	sell	$85.550	short
2020-11-19 14:36:03	YY	sell	$85.550	short
2020-11-19 15:04:22	YY	buy	$85.870	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=21428153&end=20201119152522&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=21428153&end=20201119160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=21428153&end=20201119160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=21428153&end=20201219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}