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Watchlist for 03/18/20
UNFI - M666 F7.75 Stock closed just above 200EMA and started consolidating and creating resistance. if it gaps down or gets into downtrend, we will be shorting it
RAD - M1.36b F27.7 Stock finished at strong resistance and has made a double top and consolidated afterM under that as well. will short it keeping the consolidatiion as resistance. if it gaps up over that then will leave it.
APRN - M61.4 F6 Selling pressure coming now. FR happened. stock did drop but regained all its losses but now it has started consolidating close to resistance 7.5. will keep it on watch for shorting 7.50 or around 8 which is close to 200EMA also
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APRN - traded badly today. FOMO factor. I completely ignored that 2nd 3min candle was bouncing from the support and not dropping. still shorted it and paid the price as stock kept going up. once the selling pressure started building, i started adding to my position but mistakenly exit all with a loss. i was setting up stop loss and forgot to use the right code and exit with a loss. so entered again with a small position then and exit with a decent profit. Overall finished in red
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APT - had no plans to trade this ticker today as there was no sign of weakness but when i saw it consolidating for first 2 hours and then broke down. so i shorted it thrice, everytime keeping the consolidation as the resistance
LAKE - In first trade took a loss and hard stops saved me from getting a big loss but later when it created resistance after the parabolic move, i shorted it keeping that consolidation as resistance and had a decent profit on it
CODX - This ticker was on my priority list as they had offering but because it was presented as a news, so waited for it to consolidate and break and then shorted it thrice and had a nice profit on its name
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BCLI - Traded with half position and left lot on the table. thesis was correct but volume was very low and stock was moving slowly so exit with a tiny profit.
SLS - Traded twice. First time took a loss as i entered assuming it will keep on falling but it bounced back to VWAP but when it got rejected at VWAP shorted again with full position and exit when it tried to bounce again
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Watchlist for 02/26/20
BCLI - M205.15 F22 STock is up from 4.5 to 10. ramping in up in last 2 weeks. it is showing weakness now. but not entirely sure yet as its is moving up afterM. so will c how it reacts. if it gaps down then we can short it keeping prevD close as resistance
APT - M84.9 F7.5 It did exactly opposite of what i thought it would do. Stock has a history of spiking big. it got rejected the daily top resistance and now consolidating afterM under close. lets c how it reacts tomorrow.
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APT - Traded 3 times. Only first time i could make profit and i would say i was luck in that as well. stock was in a complete opposite trend. I completely ignored that the last daily candle clearly showed buying pressure.
COCP - Traded 3 times and success. stock created strong resistance at the open after some consolidation so played around that with decent profit
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Watchlist for 02/25/20
COCP - M53.6 F17.5 exercise price of $4.15 per share Top gainer of today on corona virus news. FR happened. achieving new highs afterM. 424B in place $150,000,000 will be short biased
APT - M84.9 F7.5 Previous runner. No news as such. stock traded between a range of support and resistance and dropped afterM after testing the high of day resistance. will c how it react tomorrow . if it goes under VWAP or 200EMA then will short it as per them as resistance
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NGM - Missed the initial entry then entered at VWAP rejection and exit with a small profit as volume was dying, spread was big and stock was moving up and down with big variation
NNVC - traded 5-6 times today. Twice took a loss. only reason that had to take a loss was i entered with anticipation rather than waiting for the top or back side. rest played small with small profits. over all profitable day
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ADVM - Thesis was that it will breakdown today but as it is a high market value stock it didnt. i managed to get small profit on it when i shorted it at VWAP rejection but overall stock was in uptrend
BLPH - Biggest loss of my trading career so far. I initially had success in shorting it but later completely ignored other things happening with the chart and tried to short on anticipation of breaking down of 5.50 but it ramped up. Rather than getting out of the position i kept on adding and it never came down and i had to bear a big loss on it. still happy that i finally exit else i would have blown up my account.
Things that i completely ignored
1. Float Rotation
2. Held support 2 times on float rotation
3. stock was going sideways rather than up or down creating a strong support for itself
4. didnt put hard stop that i normally do
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APT - Entered the position when it got rejected at VWAP but volume was very low and so when the volume came, i got squeezed out and exit with a loss
SPCE - did a blunder today. didnt check if there is any news issued by the company. Purely made a plan on chart pattern but there was a positive news and stock kept on going up. tried 3 times to short and got stopped out everytime.
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Watchlist for 02/14/20
APT - M61.2 F7.5 Stock dropped on high volume and it was already in downtrend. today it has its last pull. it gapped up and crashed. now it is under VWAP and 200EMA on both 3 and 15 min chart. so will look for short position in it.
CAN - M16B F43 Stock dropped after 1 day of spike. Daily chart shows high selling pressure. 3min and 15 min chart shows under VWAP. Typical pattern wherein stock after dropping started crawling towards the prevD closing or high of the day and then drop. so will be short biased
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APT - Traded once at the open when it got rejected at the VWAP and exit with it started bouncing back
SPCE - difficult trade. traded 4 times. first time entered when it showed weakness on 3 min chart but it squeezed on me, so i exit half position with a loss and added back when it started showing weakness again. it did drop after that but i got so scared of it as it was so volatile that i exit with a small profit over all. it did drop more than 40 points after that. 2nd time i got stopped out just because i put tight stop. rather than putting stop logically close to round number i put a stop loss on 24.68 and it was the peak of the ticker and got stopped out and after that it dropped. later traded twice again but it was more of scalping to get small profits with small position
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Watchlist for 02/13/20
SPCE - M3.4b F127.9 Stock slowly moved up and its already high of the day. but now it is showing weakness on daily chart. on 3min and 15 min chart also, it has created strong resistance. so will be short biased.
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ADVM - Played 3 times. 3rd time i tried to cancel my order but got filled and so got stopped out as it wasnt a good entry. over all a profitable day. I expected it to drop big, but it held its support.
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Watchlist for 02/12/20
REXN - M14.7 F3.7 Top gainer of the prevD. got rejected at 200 EMA on daily chart. now it is floating under 200EMA and $4 resistance. strong resistance on top as it has already got rejected twice and now its weak. so will be short biased
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Over traded today
few misses, most hit. so over all profitable day
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