KXIN Trade on Nov 20, 2020 12:32 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

-Float = ~5M ish (sources says anywhere from 1m to 28m, behaves like small float)

Catalysts / News / Painting the picture

-Oct 14 2020: Shell company that holds EV's
-Nov 20 2020: Potential EV sympathy, company only resales used vehicles, no other news

Technical Analysis

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

Strategy / Confluence / Sizing Guide / Risk

Strategy: First Test long of 6 level
Confluence: Whole $, 1m-JL
Strike Zone: 6 - 5.75
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 5.8

Review / Lessons Learned

Decent trade with downside halt just above level of interest, worthy long to try, Small wallet padder for +1R

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-20 12:32:47	KXIN	buy	$6.090	long
2020-11-20 12:32:47	KXIN	buy	$6.090	long
2020-11-20 12:32:47	KXIN	buy	$6.090	long
2020-11-20 12:33:01	KXIN	sell	$6.320	long
2020-11-20 12:33:01	KXIN	sell	$6.320	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KXIN&trade=21472049&end=20201120130301&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KXIN&trade=21472049&end=20201120140301&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KXIN&trade=21472049&end=20201120160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KXIN&trade=21472049&end=20201220&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Beghilhorst

2020-11-23 10:57:18

I like your play on the resumption with a "fantasy order", well done.