Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-March 13 $96m ATM @ $4.76
-Technical / bouncing with market
-May 11 2020: Earnings - -1.73 loss vs -0.44 expected
-May 21 2020: NY post article: Scientists believe cannabis could help prevent and treat coronavirus
-May 22 2020: Buyer announces 500k share long position with $15 PT
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade First Test long of 15 level
Confluence: Whole $, 1m-JL
Strike Zone: 15.1 - 14.85
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold below 15
Review / Lessons Learned
Wrong symbol was in ticker box so I couldn't get fills when I first tried, fixed issue then filled 1 lot but price was getting away and didn't come back down, so I didn't take it with as many shares as I'd like. Still decent trade, +1.5R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-13 11:55:35 | TLRY | buy | $14.990 | long |
| 2021-01-13 11:55:35 | TLRY | buy | $14.990 | long |
| 2021-01-13 11:55:35 | TLRY | buy | $14.990 | long |
| 2021-01-13 11:58:27 | TLRY | sell | $15.240 | long |
| 2021-01-13 11:58:27 | TLRY | sell | $15.240 | long |
| 2021-01-13 11:59:42 | TLRY | sell | $15.220 | long |
| 2021-01-13 11:59:42 | TLRY | sell | $15.220 | long |
| 2021-01-13 11:59:42 | TLRY | sell | $15.220 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!