Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 23 2020: Hedge fund "Formidable" says WKHS is a good "Nikola-Like" investment
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Fade
-Levels: 7.5, 8.5, 9.4, 10
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 short of 8.5 level
Confluence: Prior Close, Half $
Strike Zone: 8.25 - 8.6
Sizing (lots): 4
Risk (stop / Rs): Hold above 8.5
Review / Lessons Learned
Stock wasn't ETB at the time of trade so I wasn't sure if I would get filled, tried to get filled a starter in the 8.20's at the low end of my strike zone range, got filled then I waited for the 8.5 tested but it never happened, stock tanked after testing 8.20's, took profits after it had made double bottom.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-25 13:25:46 | WKHS | sell | $8.200 | short |
| 2020-06-25 13:25:46 | WKHS | sell | $8.203 | short |
| 2020-06-25 13:33:32 | WKHS | buy | $7.887 | short |
| 2020-06-25 13:33:41 | WKHS | buy | $7.880 | short |
| 2020-06-25 13:34:37 | WKHS | buy | $8.020 | 0 |
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