Shared by
beno
Fundamentals
Float = 32M
Catalysts / News / Painting the picture
-Dec 31 2020: Bitcoin price sympathy
Technical Analysis
-SPY pattern: Bull Flag
-Intraday pattern: Rug Pull
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: A grade Ext. Cap. long
Confluence: Whole $
Strike Zone: 22.5 - 21.5
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 21.5
Review / Lessons Learned
BTC was making a macro structure pull so I knew a big bounce would ensue, BTBT was the only sector stock making new lows and was extending rapidly, this was A+ setup that I should have sized more on.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-07 13:49:36 | BTBT | buy | $22.500 | long |
| 2021-01-07 13:49:36 | BTBT | buy | $22.500 | long |
| 2021-01-07 13:50:39 | BTBT | sell | $23.630 | long |
| 2021-01-07 13:50:52 | BTBT | sell | $23.680 | long |
| 2021-01-07 13:50:53 | BTBT | sell | $23.680 | long |
| 2021-01-07 13:52:03 | BTBT | sell | $23.750 | long |
| 2021-01-07 13:54:08 | BTBT | sell | $23.890 | long |
| 2021-01-07 13:57:38 | BTBT | sell | $24.050 | 0 |
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