WKHS Trade on Nov 9, 2020 13:41 from beno: Tradervue User Stock Trades.

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
-Jul 20 2020: Sector sympathy from upcoming TSLA earnings / forecast is good
-Sep 08 2020: EV Gateway Conference on Sep 9 @ 2:30pm
-Oct 27 2020: Lakewood's Bozza pitches it as a short (short report)
-Nov 09 2020: Receives Purchase Order for 500 C-1000 All-Electric Delivery Trucks

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 18.5 level
Confluence: 3m-JL, Half $, VWAP
Strike Zone: 18.75 - 18.4
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 18.3

Review / Lessons Learned

OGT with good confluence, should have gotten in bigger and at least held for 50% retrace target. +1R here

Lessons Learned:

1. Get bigger in good setups (when BP is available)
2. For First Test trades, hold for minimum 50% retrace of move!