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
-Jul 13 2020: PT raise from 12 to 27 @ Roth Capital
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Afternoon runner
-Other notes: Can also be considered as a bowl or consolidation pattern, but closed at highs
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 16.3
Confluence: N/a
Strike Zone: 16.4 - 16.25
Sizing (lots + emergency): 2+2
Risk (stop / Rs): Hold below 16.2 or break of 16 after emergency lot
Review / Lessons Learned
PA tested level quickly and wasn't quick enough to get entry in 16.2's.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-14 14:26:56 | WKHS | buy | $16.350 | long |
| 2020-07-14 14:26:56 | WKHS | buy | $16.350 | long |
| 2020-07-14 14:26:56 | WKHS | buy | $16.350 | long |
| 2020-07-14 14:26:56 | WKHS | buy | $16.360 | long |
| 2020-07-14 14:29:00 | WKHS | sell | $16.470 | long |
| 2020-07-14 14:29:55 | WKHS | sell | $16.410 | long |
| 2020-07-14 14:30:00 | WKHS | sell | $16.390 | long |
| 2020-07-14 14:30:00 | WKHS | sell | $16.390 | 0 |
Comments
beno
Should have gotten bigger since it broke out from a really nice consolidation!
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Another great pull back entry.. nice size on this one to.