Shared by
beno
Fundamentals
-Float = 1.06B
Catalysts / News / Painting the picture
-Dec 07 2020: announced that it won an FDA Drug contract for $44.4 million for the next 3 years
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Runner
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 25 level
Confluence: Whole $, VWAP
Strike Zone: 25 - 24.75
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 24.75
Review / Lessons Learned
Small wallet padder in the morning for +1R (didn't stick to traditional targets for setups due to IB routing issues / would rather play it safe)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-07 09:51:01 | PLTR | buy | $24.950 | long |
| 2020-12-07 09:51:01 | PLTR | buy | $24.950 | long |
| 2020-12-07 09:53:37 | PLTR | sell | $25.210 | long |
| 2020-12-07 09:54:02 | PLTR | sell | $25.210 | long |
| 2020-12-07 09:54:13 | PLTR | sell | $25.320 | long |
| 2020-12-07 09:54:26 | PLTR | sell | $25.310 | long |
| 2020-12-07 09:54:35 | PLTR | sell | $25.280 | 0 |
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