Shared by
beno
Fundamentals
Float = 6.5M
Catalysts / News / Painting the picture
-Dec 01 2020: Reports Positive In vitro Efficacy Data for AM-301 in Protecting Against Sars-CoV-2 Infection
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: Symmetric rigged activity on this ticker, rotated float 40 times
Strategy / Confluence / Sizing Guide / Risk
Strategy: Mountain
Confluence: N/a
Strike Zone: 5 - 5.3
Sizing (lots + emergency): 4000
Risk (stop / Rs): Hold above 5.4
Review / Lessons Learned
Stock was rigged so had to play it safe which is why I sold half at 5 when I saw them soak. obviously wrong in hindsight, but no regrets in decisions here. +1.25R total (.75R for borrows)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-01 12:10:17 | EARS | sell | $5.060 | short |
| 2020-12-01 12:11:51 | EARS | sell | $5.230 | short |
| 2020-12-01 12:12:53 | EARS | buy | $5.049 | short |
| 2020-12-01 12:14:36 | EARS | buy | $4.430 | short |
| 2020-12-01 12:20:38 | EARS | buy | $4.380 | 0 |
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