2019-02-03
This company is cloud based security hub and they had an IPO last March. This trade idea came from Investor's Business Daily Vol 35 No 42 Week of January 21, 2019. It was featured in the New America and I put it on a watch list
I saw the market action on Thursday 01/31 and I decided to buy just before 9 AM CST. I actually got a good fill. Friday is Day 1 of a 7 Day Time Stop
I got filled at $47.60
-5% stop = $45.00
20% Target = $57.00
IBD Rankings 02/03/19
Composite Rating: 94
EPS Rating: 53
RS Rating: 97
Group RS Rating: A+
SMR Rating: D
Acc/Dis Rating: C+
ROE: 0%
Debt: 0%
Outstanding Shares: 122.1m
EPS Due Date: 2/26/19
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
2019-02-07
I closed out the position, because I didn't like the way it was trading. I took another look at the chart and believe this will drop and the momentum is going the other way. I closed out at Day 5 of the Time Stop. I'm not comfortable in shorting this and wanted to walk away to use the cash for something new
I got filled at $47.38
47.60 - 47.38 = 22 / 47.38 = -.4%
