ACB Trade on Dec 2, 2020 12:26 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 14 2020: Earnings - Net rev up 15% Q/Y - Weed sector strong compared to SPY
-May 21 2020: NY Post - Scientists believe cannabis could help prevent and treat coronavirus
-Sep 22 2020: Reporting earnings tonight
-Nov 06 2020: Sympathy from Joe Biden as potential president
-Nov 27 2020: Federal Marijuana Legalization Bill Will Get A Congressional Vote Next Week

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 10.5 level
Confluence: Half $, 1m-JL
Strike Zone: 10.6 - 10.4
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold below 10.4

Review / Lessons Learned

B grade level on 15m, so I sized fairly for level, decent 2R win.

image


Execution detail:

Date/time Symbol Side Price Position
2020-12-02 12:26:41 ACB buy $10.610 long
2020-12-02 12:26:41 ACB buy $10.610 long
2020-12-02 12:26:54 ACB buy $10.590 long
2020-12-02 12:26:54 ACB buy $10.590 long
2020-12-02 12:45:07 ACB sell $10.735 long
2020-12-02 12:47:50 ACB sell $10.765 0
2020-12-02 13:31:57 ACB buy $11.090 long
2020-12-02 13:31:57 ACB buy $11.090 long
2020-12-02 13:31:57 ACB buy $11.090 long
2020-12-02 13:31:57 ACB buy $11.090 long
2020-12-02 13:31:57 ACB buy $11.090 long
2020-12-02 13:32:19 ACB buy $11.020 long
2020-12-02 13:32:19 ACB buy $11.020 long
2020-12-02 13:32:19 ACB buy $11.020 long
2020-12-02 13:33:56 ACB sell $11.110 long
2020-12-02 13:34:51 ACB sell $11.130 long
2020-12-02 13:35:02 ACB sell $11.160 long
2020-12-02 13:35:36 ACB sell $11.110 long
2020-12-02 13:36:43 ACB sell $11.065 long
2020-12-02 13:37:11 ACB buy $10.870 long
2020-12-02 13:37:11 ACB buy $10.870 long
2020-12-02 13:39:35 ACB sell $10.910 long
2020-12-02 13:39:35 ACB sell $10.912 long
2020-12-02 13:39:35 ACB sell $10.910 long
2020-12-02 13:39:35 ACB sell $10.910 long
2020-12-02 13:39:35 ACB sell $10.910 long
2020-12-02 13:40:10 ACB sell $10.882 long
2020-12-02 13:40:10 ACB sell $10.880 long
2020-12-02 13:40:10 ACB sell $10.880 0
2020-12-02 14:48:36 ACB buy $10.485 long
2020-12-02 14:49:50 ACB sell $10.590 long
2020-12-02 14:53:55 ACB sell $10.643 long
2020-12-02 14:53:56 ACB sell $10.650 long
2020-12-02 14:54:11 ACB sell $10.670 long
2020-12-02 14:54:15 ACB sell $10.670 long
2020-12-02 14:54:25 ACB sell $10.700 0

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