Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-M&A speculation with Microsoft / source says over exaggeration
-Aug 03 2020: releases cool videos displaying upcoming technologies / Rumors of being acquired
-Dec 15 2020: No news for move
-Dec 22 2020 (morning): Hindenburg is short based on tweet
-Dec 22 2020 (afternoon): Granted U.S. Patent Titled 'Scanning 3D imaging device with power control using multiple wavelengths'
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Afternoon Runner
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Rotation after patent news
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold below 7.3
Review / Lessons Learned
This rotation was A grade in hindsight and I piked it but I'm still getting familiar with this setup so I only took with small size and use conservative price target, +1R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-22 13:47:10 | MVIS | buy | $7.350 | long |
| 2020-12-22 13:48:51 | MVIS | sell | $7.420 | long |
| 2020-12-22 13:48:59 | MVIS | sell | $7.443 | long |
| 2020-12-22 13:48:59 | MVIS | sell | $7.440 | 0 |
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