BRQS Trade on Feb 11, 2021 09:35 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Trend join on the 2s.
*Entry: 1.99 near open, a little early
*Risk: 1:3+ vs 1.60s (wiggle room), closer to 1.80s,

Catalyst and News:

LMFA 13D, selling off the rest.

Fundamentals:

Decent sales figures.

Technicals:

Strong daily upwards trend (like them all), holding just under VWAP off open and continued.

Summation:

100 hit starter with the potential to scale up later, but kept what it was at, also checking swings. Grinded up through most of the day, even held well in the general small cap crash. Took off some at the 3 resistance, took off a lot more A/H as I missed the chance to take off at the 3.30s hit. Watching the rest tomorrow.

Takeaways:

Just set you limit orders. Even if the market is crazy, stick to your price targets. Don't worry about "missing the top". Just play to your risk and do it right.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-02-11 09:35:17	BRQS	buy	$1.989	long
2021-02-11 14:32:15	BRQS	sell	$2.900	long
2021-02-11 17:07:07	BRQS	sell	$2.470	long
2021-02-12 10:07:14	BRQS	sell	$2.150	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BRQS&trade=27423506&end=20210212100714&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BRQS&trade=27423506&end=20210212101714&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BRQS&trade=27423506&end=20210212160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BRQS&trade=27423506&end=20210313&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}