Shared by
beno
Fundamentals
-Float = 70M
Catalysts / News / Painting the picture
-Dec 14 2020: no news for move
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Parabolic Fade short
Confluence: Half $
Strike Zone: N/a
Sizing (lots + emergency): 400
Risk (stop / Rs): Hold above 11.5
Review / Lessons Learned
OGT, Could have sized slightly more but didn't due to confusion around float, thicker float means intraday supply not as relevant. +2R on this one
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-14 11:34:08 | RUBY | sell | $10.380 | short |
| 2020-12-14 11:35:44 | RUBY | buy | $9.940 | short |
| 2020-12-14 11:37:02 | RUBY | buy | $9.716 | 0 |
| 2020-12-14 15:09:32 | RUBY | sell | $9.030 | short |
| 2020-12-14 15:10:34 | RUBY | buy | $9.060 | 0 |
| 2020-12-14 15:35:41 | RUBY | sell | $8.740 | short |
| 2020-12-14 15:40:11 | RUBY | sell | $8.690 | short |
| 2020-12-14 15:41:11 | RUBY | buy | $8.560 | short |
| 2020-12-14 15:41:52 | RUBY | buy | $8.580 | short |
| 2020-12-14 15:42:31 | RUBY | buy | $8.600 | short |
| 2020-12-14 15:43:05 | RUBY | buy | $8.600 | 0 |
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