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
-Oct 05 2020: 13G Filing From Empery Asset Mgmt. Shows New 5.55% Stake
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Parabolic Fade
Confluence: VWAP
Strike Zone: 6.7 - 6.9
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold above 7
Review / Lessons Learned
Good trade to take, should have gotten bigger. +2.5R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-05 10:40:01 | SPI | sell | $6.700 | short |
| 2020-10-05 10:49:46 | SPI | sell | $6.790 | short |
| 2020-10-05 10:49:53 | SPI | sell | $6.790 | short |
| 2020-10-05 10:49:53 | SPI | sell | $6.790 | short |
| 2020-10-05 10:50:07 | SPI | sell | $6.790 | short |
| 2020-10-05 10:56:39 | SPI | buy | $6.480 | short |
| 2020-10-05 10:56:39 | SPI | buy | $6.480 | short |
| 2020-10-05 11:51:01 | SPI | buy | $6.330 | short |
| 2020-10-05 11:51:01 | SPI | buy | $6.330 | 0 |
| 2020-10-05 13:35:04 | SPI | sell | $6.270 | short |
| 2020-10-05 13:35:04 | SPI | sell | $6.260 | short |
| 2020-10-05 13:54:34 | SPI | buy | $6.180 | short |
| 2020-10-05 13:57:44 | SPI | buy | $6.170 | short |
| 2020-10-05 13:57:45 | SPI | buy | $6.170 | 0 |
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