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: Type 1 / HOD clear-out
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 2000
Risk (stop / Rs): 1.33
Review / Lessons Learned
Thought I was able to catch the EOD backside fade on this one because they may still have warrants / ATM to sell but I was wrong, gave back BNGO gains on this attempt, -1R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-29 14:54:48 | BNGO | sell | $1.280 | short |
| 2020-12-29 14:57:04 | BNGO | sell | $1.310 | short |
| 2020-12-29 14:58:03 | BNGO | buy | $1.330 | 0 |
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