Tags:
CDNA has strong earnings and sales growth the last 4 quarters. Posting triple digit earnings and very strong consistent sales growth. This isn't a biotech stock relying on FDA approvals, so I am comfortable with taking this name long. Only about 6% off from ATHs. Has 3 IBD mutual fund's in this name.
What I like particularly about this chart is the inside weekly candle it made last week. It's on higher volume but basically closed as an even doji. A quick breather just below key pivot isn't ideal but it's better than going straight up.
6-24
9:07AM
This name had a gap up along with a lot of other stocks. It filled gap but unable to bounce. The consolidation was too quick imo. It was iffy position to start with from the jump. And I knew it. Tied up 10% equity and could have been used on a different name.
Execution detail:
Date/time | Symbol | Qty | Price | Position |
---|---|---|---|---|
2021-06-23 13:54:00 | CDNA | 100 | $93.290 | 100 |
2021-06-24 10:49:26 | CDNA | -33 | $93.290 | 67 |
2021-06-24 10:49:26 | CDNA | -67 | $93.290 | 0 |
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