ADTX Trade on Dec 29, 2023 10:18 from rez604: Tradervue User Stock Trades.

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rez604

 

PreTrade Plan:

Why? gap up with warrants on deck, assuming push to just below as per mike notes
tech gap up+bounce short
Entry, target, stop: pmh clear, or lower high. 50/50 retrace and eod
Risk/Size: up to 3R

Ticker Fundamentals:

Prev Res: 7.0, 9.50
FL 1.2m
INSD % n/a
INST % n/a
SH FL % n/a
Dilution: cash need, 1.7m W@10
Borrows:

Summary:

reason for entry: hod cleared, fail below pmh&vwap
reason for exit: above sup @ 6.0 and final piece anticipated closing squeeze like we've seen recently
strategy used - see tags
exit eff: to plan
could have added size? failed push back to vwap, didn't have BP to add
mistakes & corrective actions: late entry, hod clear would have been better
perfect trade would have looked like: hod clear enter, cover all at 50retrace

result +1.4R


Execution detail:

Date/time Symbol Side Price Position
2023-12-29 10:18:20 ADTX sell $7.240 short
2023-12-29 10:28:39 ADTX sell $6.950 short
2023-12-29 10:58:14 ADTX buy $6.830 short
2023-12-29 11:12:09 ADTX sell $6.730 short
2023-12-29 11:44:33 ADTX buy $6.190 short
2023-12-29 12:28:25 ADTX sell $6.200 short
2023-12-29 13:57:49 ADTX buy $6.770 short
2023-12-29 14:13:05 ADTX sell $6.360 short
2023-12-29 14:37:05 ADTX buy $6.169 short
2023-12-29 15:29:10 ADTX buy $6.830 0


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