Shared by
tjmiller2001
Scaling into a swing trade on STIC. I am a fan of the company and I think Wall Street has underestimated this name. I also believe it's the kind of company that Robinhood traders would go crazy for if they learned more about it.
Looking for an average entry price of 14.25 on 10 shares. Stop loss at 12.25 and Scaling out at an average price of 18.75 for a trade with a RR of 1:2.25
I still believe in this thesis. Sold my shares to enter STIC warrants, which have more leverage.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-31 18:59:21 | STIC | buy | $14.790 | long |
| 2021-01-04 15:55:43 | STIC | buy | $14.000 | long |
| 2021-01-04 15:59:12 | STIC | buy | $14.020 | long |
| 2021-01-04 15:59:22 | STIC | buy | $14.000 | long |
| 2021-01-04 15:59:38 | STIC | buy | $14.000 | long |
| 2021-01-04 15:59:58 | STIC | buy | $14.010 | long |
| 2021-01-04 15:59:58 | STIC | buy | $14.010 | long |
| 2021-01-14 10:59:30 | STIC | sell | $14.950 | 0 |
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