BNGO Trade on Dec 30, 2020 12:09 from beno: Tradervue User Stock Trades.

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: Consolidation
-Intraday pattern: Mountain
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First Test long of 2.4 level
Confluence: PM-Level, VWAP
Strike Zone: 2.5 - 2.35
Sizing (lots + emergency): 2000
Risk (stop / Rs): Hold below 2.4

Review / Lessons Learned

Scaled out all before 50% retrace target because most buy liquidity got used on on first bounce, still +2R here and this is my Trade of the Day

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:09:14	BNGO	buy	$2.490	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:11:16	BNGO	buy	$2.450	long
2020-12-30 12:13:56	BNGO	sell	$2.530	long
2020-12-30 12:14:10	BNGO	sell	$2.520	long
2020-12-30 12:14:10	BNGO	sell	$2.520	long
2020-12-30 12:14:44	BNGO	sell	$2.550	long
2020-12-30 12:14:57	BNGO	sell	$2.560	long
2020-12-30 12:15:48	BNGO	sell	$2.590	long
2020-12-30 12:15:48	BNGO	sell	$2.590	long
2020-12-30 12:15:48	BNGO	sell	$2.590	long
2020-12-30 12:16:14	BNGO	sell	$2.570	long
2020-12-30 12:16:14	BNGO	sell	$2.570	long
2020-12-30 12:16:14	BNGO	sell	$2.570	long
2020-12-30 12:16:14	BNGO	sell	$2.570	long
2020-12-30 12:16:14	BNGO	sell	$2.570	long
2020-12-30 12:16:14	BNGO	sell	$2.570	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=24398012&end=20201230124414&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=24398012&end=20201230134314&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=24398012&end=20201230160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BNGO&trade=24398012&end=20210129&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}