Shared by
beno
Fundamentals
-Float = 395M
Catalysts / News / Painting the picture
-Dec 17 2020: RBC downgrades to underperform
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Consolidation
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 12.5
Confluence: Half $
Strike Zone: 12.65 - 12.4
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 12.4
Review / Lessons Learned
Nice instant wick back to start off the day, definitely should have gotten bigger here but I wanted to focus on crypto plays mainly today so didn't want to burn much mental capital on it, volume capitulation was A+ on it but it traded low volume for remainder of day, +1R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-17 09:35:21 | CCJ | buy | $12.680 | long |
| 2020-12-17 09:35:21 | CCJ | buy | $12.678 | long |
| 2020-12-17 09:35:21 | CCJ | buy | $12.690 | long |
| 2020-12-17 09:35:54 | CCJ | sell | $12.900 | long |
| 2020-12-17 09:35:55 | CCJ | sell | $12.900 | long |
| 2020-12-17 09:36:56 | CCJ | sell | $12.890 | long |
| 2020-12-17 09:39:11 | CCJ | sell | $12.920 | long |
| 2020-12-17 09:39:12 | CCJ | sell | $12.920 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!