Shared by
beno
Fundamentals
Float = 16M
Catalysts / News / Painting the picture
-Sep 23 2020: SPI sympathy
-Dec 18 2020: sector rally
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade FT-15 long of 5.3
Confluence: VWAP
Strike Zone: 5.35 - 5.3
Sizing (lots + emergency): 500
Risk (stop / Rs): Weak tape, no volume follow through
Review / Lessons Learned
Tiny win (but setup win nonetheless) because I cut bulk of trade slightly above average due to weak tape and lack of volume. +0.25R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-28 09:59:32 | SUNW | buy | $5.380 | long |
| 2020-12-28 09:59:32 | SUNW | buy | $5.375 | long |
| 2020-12-28 10:01:23 | SUNW | sell | $5.520 | long |
| 2020-12-28 10:02:17 | SUNW | sell | $5.500 | long |
| 2020-12-28 10:06:19 | SUNW | buy | $5.370 | long |
| 2020-12-28 10:06:27 | SUNW | buy | $5.340 | long |
| 2020-12-28 10:09:02 | SUNW | sell | $5.380 | long |
| 2020-12-28 10:11:56 | SUNW | sell | $5.410 | long |
| 2020-12-28 10:11:56 | SUNW | sell | $5.410 | long |
| 2020-12-28 10:11:56 | SUNW | sell | $5.410 | 0 |
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