Shared by
beno
Fundamentals
Float = 549M
Catalysts / News / Painting the picture
-Dec 01 2020: BlackBerry and Amazon team up on vehicle data and software platform
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Parabolic Fade
-Other notes: Very strong morning and very weak afternoon like yesterday
Strategy / Confluence / Sizing Guide / Risk
Strategy: First Test long of 8 level
Confluence: Whole $, PM Level, 1m-JL
Strike Zone: 8.1 - 7.9
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold below VWAP
Review / Lessons Learned
Should have scaled out half in the mid 8.2's as heavy selling and tape was occuring there. I was hoping more institutional buyers would bid this morning but there were still too many sellers. B/E trade
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-02 10:16:17 | BB | buy | $8.150 | long |
| 2020-12-02 10:16:17 | BB | buy | $8.150 | long |
| 2020-12-02 10:16:17 | BB | buy | $8.150 | long |
| 2020-12-02 10:18:09 | BB | buy | $8.090 | long |
| 2020-12-02 10:18:09 | BB | buy | $8.090 | long |
| 2020-12-02 10:24:46 | BB | sell | $8.130 | 0 |
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