Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 08 2020: Resuming production / upcoming investor conference
-Jun 09 2020: CEO on Yahoo Finance / Stock popular on Robinhood
Technical Analysis
-SPY pattern: Bear Flag
-Intraday pattern: Bowl
-Levels: 69-70, 72, 73.5, 75
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 70 level
Confluence: Whole $
Strike Zone: 70 - 69
Sizing (lots): 1 (+1 emergency)
Risk (stop / Rs): Hold below 70
Review / Lessons Learned
Level wasn't apparent until after trade review but the sell-off was overextended and 70 was a nice whole dollar level. Got in my 1 lot (left emergency lot for 69 level) and scaled out slowly while ITM. OGT.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-24 10:06:06 | NKLA | buy | $70.000 | long |
| 2020-06-24 10:06:06 | NKLA | buy | $69.996 | long |
| 2020-06-24 10:07:07 | NKLA | sell | $70.450 | long |
| 2020-06-24 10:07:44 | NKLA | sell | $71.010 | long |
| 2020-06-24 10:08:08 | NKLA | sell | $71.220 | long |
| 2020-06-24 10:08:50 | NKLA | sell | $71.510 | long |
| 2020-06-24 10:09:38 | NKLA | sell | $71.670 | 0 |
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