LK Trade on Feb 18, 2020 11:15 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

-Continuation after fraud report
-Levels: 38.50, 39, 39.70, 40.30, 40.60

Original Plan / Strategy

First Test long of 39.70 level

Review

Took a started early at 39.80 as it was coming down, but then I noticed a better opportunity in SPCE so I cut this trade early.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-18 11:15:04	LK	buy	$39.800	long
2020-02-18 11:16:26	LK	sell	$39.900	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12989900&end=20200218114626&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12989900&end=20200218124626&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12989900&end=20200218160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LK&trade=12989900&end=20200319&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}