Shared by
beno
Fundamentals
Float = 150M
Catalysts / News / Painting the picture
-Mar 05 2020: FY2019 Earnings, down 16% Y/Y
-Mar 10 2020: BNGO Genomics Will Be Used in Research Identifying Gene Variants that Contribute to Coronavirus Disease Susceptibility
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Afternoon Runner
-Other notes: Clear ATM selling during morning pullback / fade
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade Distribution of 1.05 floor
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 1600
Risk (stop / Rs): 1.09
Review / Lessons Learned
Made 4R in R/R terms due to tight risk but P&L only displays about 1R of profit due to low range and high commissions / borrows, +1R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-29 11:24:26 | BNGO | sell | $1.070 | short |
| 2020-12-29 11:27:13 | BNGO | sell | $1.070 | short |
| 2020-12-29 11:29:05 | BNGO | sell | $1.071 | short |
| 2020-12-29 11:30:27 | BNGO | sell | $1.060 | short |
| 2020-12-29 11:33:59 | BNGO | buy | $1.020 | short |
| 2020-12-29 11:34:07 | BNGO | buy | $1.020 | short |
| 2020-12-29 11:34:42 | BNGO | buy | $1.020 | short |
| 2020-12-29 11:35:24 | BNGO | buy | $1.010 | short |
| 2020-12-29 11:35:24 | BNGO | buy | $1.010 | short |
| 2020-12-29 11:35:43 | BNGO | buy | $0.9990 | short |
| 2020-12-29 11:35:50 | BNGO | buy | $1.000 | short |
| 2020-12-29 11:35:57 | BNGO | buy | $1.000 | 0 |
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