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: Mountain
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 200
Risk (stop / Rs): HH reclaim of 14.5
Review / Lessons Learned
Tried to catch backside again with this Mountain trade, didn't work out, ticker wasn't done, shorts still trapped small loss. Should have simply waited for a cleaner backside initiation.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-23 13:28:14 | SPI | sell | $14.000 | short |
| 2020-09-23 13:29:06 | SPI | buy | $13.860 | short |
| 2020-09-23 13:29:58 | SPI | buy | $14.750 | 0 |
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