PPSI Trade on Dec 4, 2020 10:49 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-Float = 3M

Catalysts / News / Painting the picture

-Dec 04 2020: Announces Conclusive Settlement with Myers Power Products

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: N/a
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): 5.1

Review / Lessons Learned

No Playbook trade here, just thought they were accumulating again and would rip it to HOD after, had wrong read and they needed more time to accumulate because volume was lower, -1R

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-04 10:49:51	PPSI	buy	$5.210	long
2020-12-04 10:49:51	PPSI	buy	$5.220	long
2020-12-04 10:49:51	PPSI	buy	$5.220	long
2020-12-04 10:49:51	PPSI	buy	$5.220	long
2020-12-04 10:50:05	PPSI	sell	$5.110	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PPSI&trade=22049207&end=20201204112005&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PPSI&trade=22049207&end=20201204122005&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PPSI&trade=22049207&end=20201204160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PPSI&trade=22049207&end=20210103&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}