NIO Trade on Jan 21, 2020 11:58 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Tesla sympathy play
-Rumors about a $1 billion cash infusion from GAC Group
-Lots of funding news lately
-China company, could be bullshit?!?!

Technical Analysis

-Second up swing, might be legit catalyst
-Levels: 4, 4.50, 4.70 to 4.80, 5
-Increased volume into up swings, lower volume in down swings
-RVOL of 3.18 today

Original Plan / Strategy

First Test long of 5 - in confluence with 5 psychological level

Review

All lots got filled instantly due to a market participants sweep order, always scares me when all lots gets filled instantly. Took profit takers at 5 cents profit due to NIO's smaller ATR. Tried to hold last lot for bigger move but stock made a LL so I was more aggressive on the profit taking.

image


Execution detail:

Date/time Symbol Side Price Position
2020-01-21 11:58:07 NIO buy $5.010 long
2020-01-21 11:58:07 NIO buy $5.000 long
2020-01-21 11:58:07 NIO buy $4.990 long
2020-01-21 11:58:07 NIO buy $4.980 long
2020-01-21 11:59:36 NIO sell $5.030 long
2020-01-21 12:01:23 NIO sell $5.040 long
2020-01-21 12:01:39 NIO sell $5.050 long
2020-01-21 12:05:27 NIO sell $5.060 long
2020-01-21 12:12:58 NIO sell $5.102 0


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