DTEA Trade on Feb 4, 2021 19:57 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Idea, Entry, and Risk:

*Idea: Strong sales long term play, capturing upwards momentum
*Entry: 6.80s A/H
*Risk: 1:3+

Catalyst and News:

N/A

Fundamentals:

Good sales and P/S ratio, despite poor older price target.

Technicals:

Daily chart building and looking for breakout. Solid growth over last few days, holding after morning weaknesses.

Summation:

Thought to take as A/H was holding, into next day and longer term idea. Held up okay A/H after EOD selloff. Morning brought huge weakness and a washout with less volume. Likely a consolidation day as this growth has been unchecked. Now under SSR.

Takeaways:

WAIT FOR PULLBACKS. Stop fretting about things going without you. You just saw what happened with SAVA, GME, and every other thing which is running. Things are no longer capable of holding themselves up indefinitely, even if not in freefall. Respect your own damn rules.


Execution detail:

Date/time Symbol Side Price Position
2021-02-04 19:57:12 DTEA buy $6.880 long
2021-02-05 09:31:12 DTEA sell $5.540 0


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