CLSD Trade on Feb 20, 2019 09:59 from seanrmz: Tradervue User Stock Trades.

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seanrmz

 

CLSD not very green but green $3 yay
why I traded it?

Up on FDA fluff news:
Clearside Biomedical Receives Notification of FDA Acceptance of NDA Filing for XIPERE™ (triamcinolone acetonide ophthalmic suspension) for Suprachoroidal Injection with PDUFA Date Set for October 19,

http://markets.financialcontent.com/stocks/news/read/37782425/clearside_biomedical_receives_notification_of_fda_acceptance_of_nda_filing_for_xipere™_

I saw the ticker in J’s CHR and I like the fact it was up in PM and it had nice pull back. Weakness..
Including a chart and the HOD in pm was 1.88. My plan clear today not going to get reverse FOMO, wait for retest ( a high and nice pull back retest that high) making sure its making a lower high I jumped in small size 100sh $1.75 I had and order active and the candle was pulling up from a small flush. I then saw it was pulling up to test that lower high and I added the second half 100sh. I then had a total of 200sh my AVG was then $1.875. Was very happy on the entry. From the on I was getting my flushes and small flags and reflush, BEAUTIFUL love that feeling.
Set a stop out price $1.80 and my target was $1.61 on the 200ema on the 5m.

J’s comments in the room pm
CLSD
• News: FDA notification of acceptance of NDA filings.
• Forecast 88% alldayfaders. Lot of bagholders above 2$, they will wait for a pop to 1.80-2$ to dump and close their position
• Plan:
• Waiting for push to resistance at open to short into


Execution detail:

Date/time Symbol Side Price Position
2019-02-20 09:59:31 CLSD sell $1.770 short
2019-02-20 10:01:35 CLSD sell $1.760 short
2019-02-20 16:07:12 CLSD buy $1.750 0


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