MARA Trade on Dec 17, 2020 10:30 from jbadd: Tradervue User Stock Trades.

Shared by
jbadd

Fundamentals

Float = 28.1M

Catalysts / News / Painting the picture

-Volume/Price Continuation on positive news
-Cryptocurrency run / Bitcoin run

Technical Analysis

-SPY pattern: Reversal
-Intraday pattern: Reversal, bounce of 20 EMA
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-5 Long
Confluence: Broke 9 EMA, Bounce off 20 EMA, Gap up from previous Close - trend continuation
Strike Zone: 9.34
Sizing (lots + emergency): 100
Risk (stop / Rs): 9.02

Review / Lessons Learned

Took profits off too early for 0.75R

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-17 10:30:17	MARA	buy	$9.345	long
2020-12-17 10:48:24	MARA	sell	$9.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MARA&trade=23387043&end=20201217111224&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MARA&trade=23387043&end=20201217131324&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MARA&trade=23387043&end=20210116&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MARA&trade=23387043&end=20201217104824&i=r&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}