MTC Trade on Nov 25, 2020 08:34 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-Float = 7M

Catalysts / News / Painting the picture

-Oct 15 2020: No news / technical

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: First Test long of 2
Confluence: Whole $, VWAP
Strike Zone: 2.05 - 1.95
Sizing (lots + emergency): 500
Risk (stop / Rs): Continued tape heaviness

Review / Lessons Learned

Wasn't comfortable holding after seeing weak tape, B/E trade

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-25 08:34:12	MTC	buy	$2.040	long
2020-11-25 08:34:12	MTC	buy	$2.040	long
2020-11-25 08:34:12	MTC	buy	$2.040	long
2020-11-25 08:36:21	MTC	sell	$2.060	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MTC&trade=21671655&end=20201125092421&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MTC&trade=21671655&end=20201125102421&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MTC&trade=21671655&end=20201125160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MTC&trade=21671655&end=20201225&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}