CODX Trade on Nov 25, 2020 13:34 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Float = 26M

Catalysts / News / Painting the picture

-Nov 25 2020: receives clearance from the Indian FDA for its Saragene COVID-19 2-gene multiplex RT-PCR test

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long
Confluence: 1m-JL
Strike Zone: 12 - 11.5
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 11.5

Review / Lessons Learned

Only took with small size as it looked weak and barely held VWAP on initial test, small +0.5R scalp

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-25 13:34:03	CODX	buy	$11.920	long
2020-11-25 13:34:03	CODX	buy	$11.920	long
2020-11-25 13:34:03	CODX	buy	$11.920	long
2020-11-25 13:39:06	CODX	sell	$12.080	long
2020-11-25 13:39:06	CODX	sell	$12.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CODX&trade=21671651&end=20201125140706&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CODX&trade=21671651&end=20201125150606&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CODX&trade=21671651&end=20201125160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CODX&trade=21671651&end=20201225&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}