SIDU Trade on Feb 15, 2023 08:15 from BanalityOfEvil: Tradervue User Stock Trades.

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Shared by
BanalityOfEvil

 

Play
Breaking News Scalp

Catalyst
08:15:00AM
SIDU
SIDUS SPACE ANNOUNCES MULTI-MILLION-DOLLAR AGREEMENT WITH NETHERLANDS FOR LASER COMMUNICATION SATELLITE

Trade Idea
price could touch .85 and/or .94 or higher in premarket

Setup Quality
B

  • breaking news
  • low float
  • clean daily targets
  • volume pouring in

Plan
Get long offering up and bidding for price at 1st pullback for new highs, sell 90% at first target .87, monitor action and if trading higher, then add a momentum lot for HOD break looking to take 90% profit at secondary target .95. Hold a few hundred shares if price holds over .95 as a runner. Cut full position if price looks weak.

Stop is any weakness on the tape and/or a break-even

Reasons to Sell
stopped out
targets hit
tape slows

Executions and Price Action
Executed as planned, price did not follow through 2nd target at .95, sold full position when price could not break

Key Takeaways
good management on the keyboard. had offers ready to go at/above targets.

could have offered higher percentage at 1st target .87 , and then added larger than I did for move to 2nd target.

image


Execution detail:

Date/time Symbol Side Price Position
2023-02-15 08:15:57 SIDU buy $0.7159 long
2023-02-15 08:16:01 SIDU buy $0.7000 long
2023-02-15 08:16:02 SIDU buy $0.7000 long
2023-02-15 08:16:41 SIDU sell $0.7950 long
2023-02-15 08:18:06 SIDU sell $0.8446 long
2023-02-15 08:20:06 SIDU buy $0.8406 long
2023-02-15 08:20:06 SIDU buy $0.8411 long
2023-02-15 08:24:08 SIDU sell $0.8572 long
2023-02-15 08:25:02 SIDU sell $0.8877 long
2023-02-15 08:25:02 SIDU sell $0.8877 0


Comments

Gravatar ARLESWORK
2023-02-16 21:40:58
 

Very detailed explanation, thanks for the lesson.

2023-02-17 08:32:01
 

thank you

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