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: Fade
-Intraday pattern: Mountain
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade FT-15 long of 7 level
Confluence: Whole $, 1m-JL
Strike Zone: 7.25 - 6.9
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold below 7
Review / Lessons Learned
B grade because there was a lack of pivot points that formed the level on the 15m chart. Was able to capture entire leg between 7 and 8, decent 3R trade here.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-14 13:12:29 | BNGO | buy | $7.210 | long |
| 2021-01-14 13:12:29 | BNGO | buy | $7.210 | long |
| 2021-01-14 13:16:12 | BNGO | sell | $7.430 | long |
| 2021-01-14 13:16:59 | BNGO | sell | $7.390 | 0 |
| 2021-01-14 13:47:12 | BNGO | buy | $7.460 | long |
| 2021-01-14 13:47:12 | BNGO | buy | $7.460 | long |
| 2021-01-14 13:47:13 | BNGO | buy | $7.460 | long |
| 2021-01-14 13:50:42 | BNGO | sell | $7.700 | long |
| 2021-01-14 13:57:06 | BNGO | sell | $7.820 | long |
| 2021-01-14 13:57:15 | BNGO | sell | $7.800 | long |
| 2021-01-14 13:58:22 | BNGO | sell | $7.860 | long |
| 2021-01-14 13:58:39 | BNGO | sell | $7.800 | 0 |
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