Shared by
beno
Fundamentals
-Fresh S-3 with no effect
-No prospectuses or warrants
Catalysts / News / Painting the picture
-Sep 23 2020: Launches New Electric Vehicle Company Subsidiary
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Runner, Big Pullback
-Other notes: Craziest runner market has seen in awhile, re-ignited small caps
Strategy / Confluence / Sizing Guide / Risk
Strategy: Rotation / Type 4 clear-out
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 7.8
Review / Lessons Learned
Wasn't really thinking about where my risk was in the trade, or the trades bigger picture. I should have gotten in after it got tight against 8.5 but I was too scared and missed the move because of fear...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-23 12:41:35 | SPI | buy | $7.900 | long |
| 2020-09-23 12:42:01 | SPI | sell | $8.000 | long |
| 2020-09-23 12:42:01 | SPI | sell | $8.000 | 0 |
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