SGOC Trade on Jul 19, 2021 09:27 from Javii333: Tradervue User Stock Trades.

Gravatar

Shared by
Javii333

 

Strategy: “B” set up – GAP and FADE – July 19th, 2021
Ticker: SGOC - SGOCO Group Ltd
Float: 101.6 million
Volume: 5 million – 9:31 am
Catalyst: No News, prior “Gap and Fade” runner
Market Con: Market Down -1.3% – SPY and QQQ
Pre- Market: low volume spiking up with pre-market high of $13.75
Open: predicting sell off at market open (prior behavior) + market direction
Side: SHORT
Prop Entry: break of pre-market high ($13.75) x 1000 (1/2 Size)
Actual Entry: 1st Trade: $13.20x500@9:27:16 – Early entry starter
Stop: $14.42 – previous day high
Profit Target: $13.00
Issue: early with partial exit then stopped out. 2nd was early too but worked out.
Outcome: 1st entry was early $13.20x500@9:27:16 sold $12.80x200@9:30:22, then stopped out when buying pressure came in $13.00x300@9:31:09. 2nd trade: early entry again $13.35x500@9:31:31, added $13.85x500@9:32:08, $14.00x100@9:32:25, sold into the flush $12.86x500, $12.58x300, $12.69x300. Total gross profit of $1,134.00.


Execution detail:

Date/time Symbol Side Price Position
2021-07-19 09:27:40 SGOC sell $13.200 short
2021-07-19 09:30:30 SGOC buy $12.800 short
2021-07-19 09:31:09 SGOC buy $13.000 0
2021-07-19 09:31:35 SGOC sell $13.350 short
2021-07-19 09:32:08 SGOC sell $13.860 short
2021-07-19 09:32:25 SGOC sell $14.000 short
2021-07-19 09:33:46 SGOC buy $12.860 short
2021-07-19 09:34:29 SGOC buy $12.580 short
2021-07-19 09:35:21 SGOC buy $12.690 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!

View plans, Sign up for free, or Log in