NOVN Trade on Dec 30, 2020 15:08 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

Float = 128M

Catalysts / News / Painting the picture

-Dec 30 2020: No news for move

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First Test long of 1
Confluence: Whole $, 1m-JL
Strike Zone: 1.03 - 0.95
Sizing (lots + emergency): 2000 - 4000
Risk (stop / Rs): Risk was 1 in the end (below flag)

Review / Lessons Learned

Worthy attempt but bounce attempt got stuffed into flag, seller prevailed, took cut as didn't want to risk gains. -1R

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-30 15:08:45	NOVN	buy	$1.030	long
2020-12-30 15:08:45	NOVN	buy	$1.030	long
2020-12-30 15:08:45	NOVN	buy	$1.030	long
2020-12-30 15:08:59	NOVN	buy	$1.008	long
2020-12-30 15:20:05	NOVN	sell	$0.9850	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NOVN&trade=24398010&end=20201230154605&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NOVN&trade=24398010&end=20201230160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NOVN&trade=24398010&end=20201230160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NOVN&trade=24398010&end=20210129&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}