FENG Trade on Nov 19, 2020 11:41 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

-Float = 30M

Catalysts / News / Painting the picture

-Nov 19 2020: Announces Special Cash Dividend of US$1.3712 per ADS

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 1000
Risk (stop / Rs): 2.26

Review / Lessons Learned

Many variables making this a B/C setup: 1. asymmetric floor, 2. sub-floor preset (LOD), 3. bidders present when premature floor cracked. Scratched trade for +0.5R, distribution didn't pan out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-19 11:41:33	FENG	sell	$2.220	short
2020-11-19 11:41:33	FENG	sell	$2.220	short
2020-11-19 11:41:33	FENG	sell	$2.220	short
2020-11-19 11:41:33	FENG	sell	$2.220	short
2020-11-19 11:41:33	FENG	sell	$2.220	short
2020-11-19 11:48:12	FENG	buy	$2.200	short
2020-11-19 11:48:12	FENG	buy	$2.200	short
2020-11-19 11:48:12	FENG	buy	$2.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FENG&trade=21428155&end=20201119121612&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FENG&trade=21428155&end=20201119131512&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FENG&trade=21428155&end=20201119160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=FENG&trade=21428155&end=20201219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}