Shared by
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
-Nov 13 2020: FRD on EV sector leader NIO
Technical Analysis
-SPY pattern: Afternoon Runner
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: First Test short of 7.5 level
Confluence: 3m-JL, 1m-JL, Half $
Strike Zone: 7.5 - 7.8
Sizing (lots + emergency): 500
Risk (stop / Rs): Hold above 7.8
Review / Lessons Learned
Not much to note here, small wallet padder with +0.5R. On the bounce the tape would not down-tick so I had to cut at B/E.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-13 11:19:07 | KNDI | sell | $7.490 | short |
| 2020-11-13 11:19:07 | KNDI | sell | $7.495 | short |
| 2020-11-13 11:19:07 | KNDI | sell | $7.490 | short |
| 2020-11-13 11:26:44 | KNDI | sell | $7.550 | short |
| 2020-11-13 11:32:51 | KNDI | buy | $7.390 | short |
| 2020-11-13 11:32:51 | KNDI | buy | $7.390 | short |
| 2020-11-13 11:32:51 | KNDI | buy | $7.390 | short |
| 2020-11-13 11:38:07 | KNDI | buy | $7.500 | 0 |
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