LK Trade on Feb 4, 2020 13:41 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Muddy Waters Research reveals short position after reading report that LK is fraud
-Report can be found here - in depth 89 page report:

https://drive.google.com/file/d/1LKOYMpXVo1ssbWQx8j4G3-strg6mpQ7F/view

-LK denies all allegations of fraud

Technical Analysis

-OD down to $33, bounced and formed nice resistance level at 34
-Morning was very choppy but 34 still clear resistance
-Uptrend all day after break of $34

Original Plan / Strategy

First Test Long of 36 level, confluence whole dollar number

Review

Only one lot got filled before significant bounce.

Lessons learned: Instead of only using fantasy orders to get in the stock I should use both fantasy and manual orders. It often happens where I'm only in 1 lot and the trade works flawlessly! I need to spot good manual entries on the tape in order to get to full size!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-04 13:41:38	LK	buy	$36.070	long
2020-02-04 13:45:38	LK	sell	$36.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12790260&end=20200204141438&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12790260&end=20200204151238&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12790260&end=20200204160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12790260&end=20200305&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}