Review Week 03/15/2021 - 03/19/2021

By iamtez -

We had a very eventful week. It started off pretty well and most of the positions did really good. I closed most of these in early part of the week which turned out to be good. As I had mentioned, we were not completely out of the woods with the selloff and we saw pretty decent rotation back to financials this week.

 

Position

Entry

Exit

G/L %

Comment

DDD Apr 16, 2021 35c

150

270

80

Gapped up big on Monday so had to be patient to get in. Got this on Tuesday when it dipped under 30.  Rode it to 32+ by Wednesday.

FSLR Mar 19, 2021 85c

85

130

53

Bought this on Monday around 82 and got out when it reached 84+ on Tuesday.

FSLY Mar 19, 2021 80c

85

175

105

Got this on Monday around 75 but didn’t seem to have lot of volume so dumped it around 77.

JMIA Mar 19, 2021 50c

150

300

100

Got this near 49 and rode it 52.

NET Mar 26, 2021 80c

175

250

43

Got this on Monday around 74.5. It went to 76.25+ on Tuesday when I got out.

PD Mar 19, 2021 45c

200

300

50

This one as I had mentioned was risky. Since it gapped up big on Monday I didn’t get it right away. I got it around 39 on Wednesday. It went to almost 41.5 by end of the day so didn’t wait for earnings.

QS Mar 26, 2021 65c

200

500

150

Got this on Monday around 60. It went to almost 64+ very quickly so this was a quick hitter.

SQ Mar 19, 2021 250c

100

600

500

This was the best one for the week. Got it around 240 on Monday. It went ITM to 251+ on Tuesday for a nice gain.

YETI Mar 26, 2021 75c

125

225

80

Gave a great entry on Monday around 72.5. It went ITM on Thursday to 75.5.

Z Mar 19, 2021 160c

200

100

50

This started off well on Monday but didn’t quite follow through. Got stopped out for 50% loss.

 

The recent selloff has broken lot of charts so will be interesting to see the setups for next week. Have a nice weekend and check back for next week’s watchlist on Sunday night as usual.

 

ALWAYS REMEMBER TO CASH YOUR GAINS OUT OF THE ACCOUNT.

 

RED: Behaved exactly opposite of what I predicted.

 

GREEN: Behaved exactly as I predicted.

 

BLUE: Need more time for idea to materialize.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

 

 

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