Shared by
beno
Fundamentals
-Float = 28M
Catalysts / News / Painting the picture
-Nov 25 2020: $1.1B loan from US gov for COVID testing kits
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Ext. Cap.
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold above 3.4
Review / Lessons Learned
Had to cut because after the 3.3 - 3.4 resistance its an air gap to 4.5, also saw the volume sustain at higher levels, -1R cut was excellent cut.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-25 14:51:31 | SYBX | sell | $3.280 | short |
| 2020-11-25 14:53:18 | SYBX | buy | $3.480 | 0 |
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