KNDI Trade on Nov 4, 2020 11:11 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Jul 29 2020: Brings America’s Most Affordable Electric Vehicles to Market, Announces August 18 Virtual Event to Kick-off Pre-Sales
-Nov 04 2020: Receives Certification From EPA, Electric Vehicles Cleared for U.S. Roads

Technical Analysis

-SPY pattern: Bull Flag
-Intraday pattern: Bull Flag
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 8.5 level
Confluence: 8.5
Strike Zone: 8.6 - 8.4
Sizing (lots + emergency): 1500
Risk (stop / Rs): Hold below 8.4

Review / Lessons Learned

Even though trade didn't provide much upside range it was still my best trade today. A+ level with about %50 of float traded below and a half $ confluence. Only +1R on it however as sellers in 8.7's would budge.

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Execution detail:

Date/time Symbol Side Price Position
2020-11-04 11:11:52 KNDI buy $8.640 long
2020-11-04 11:11:52 KNDI buy $8.640 long
2020-11-04 11:11:52 KNDI buy $8.640 long
2020-11-04 11:11:52 KNDI buy $8.640 long
2020-11-04 11:11:52 KNDI buy $8.640 long
2020-11-04 11:16:37 KNDI buy $8.570 long
2020-11-04 11:22:00 KNDI buy $8.500 long
2020-11-04 11:22:00 KNDI buy $8.500 long
2020-11-04 11:31:08 KNDI sell $8.640 long
2020-11-04 11:33:40 KNDI sell $8.620 long
2020-11-04 11:33:40 KNDI sell $8.620 long
2020-11-04 11:33:40 KNDI sell $8.620 long
2020-11-04 11:34:27 KNDI sell $8.650 long
2020-11-04 11:34:27 KNDI sell $8.650 long
2020-11-04 11:34:27 KNDI sell $8.650 long
2020-11-04 11:34:27 KNDI sell $8.650 long
2020-11-04 11:35:24 KNDI sell $8.630 long
2020-11-04 11:35:24 KNDI sell $8.630 long
2020-11-04 11:35:24 KNDI sell $8.633 long
2020-11-04 11:36:50 KNDI sell $8.690 long
2020-11-04 11:36:50 KNDI sell $8.690 long
2020-11-04 11:37:03 KNDI sell $8.670 long
2020-11-04 11:37:03 KNDI sell $8.670 long
2020-11-04 11:37:03 KNDI sell $8.670 0


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