SILO Trade on Dec 30, 2022 10:23 from rrodriguez: Tradervue User Stock Trades.

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Shared by
rrodriguez

 

Shares traded: 118
Closed Gross P&L: $-10.03

Tags:

Backside CatalystYes Discretionary TradePatternBuySetup TimeframeRegularSession

Rvol:1992.92
Float: 2.56MM
Market Cap: 10.54MM
Short Float 0.86%
Catalyst: Silo Pharma Stock Surges After Positive Study Results From Arthritis Study

The set-up:5min Buy Setup
What I did Right: higher hihgh from the previous swing low in the 4.66 area.
What I did Wrong:Did not recognize that I was already on backside. I need to avoid buying buy setups on backsaid, and below vwap.
Where I could improve:Avoid buy setups below vwap, and on backside.
Trade grade:D
-------------------------------------
Big-picture: high relative volume lowfloat with catalyst.
Trade parameters:
Entry:Long 5.44 x 5.0
Trade Management: Entered
Exit: existed when i saw it pop and touch 1R target, and came back down and chopped. Decided not to wait for full R loss. cut it off.

image


Execution detail:

Date/time Symbol Qty Price Position
2022-12-30 10:23:58 SILO 59 $5.440 59
2022-12-30 10:54:09 SILO -59 $5.270 0


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