Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jun 08 2020: Resuming production / upcoming investor conference
-Jun 09 2020: CEO on Yahoo Finance / Stock popular on Robinhood
-Sep 09 2020: Hindenburg short report / Citron backing them up / Company to respond next week
-Sep 30 2020: company issued a statement on strategy and vision / GM to potential take larger stake in NKLA
Technical Analysis
-SPY pattern: Bull Flag
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: First Test long of 34.5
Confluence: 1m-JL, half $
Strike Zone: 34.5 - 33
Sizing (lots + emergency): 250
Risk (stop / Rs): Hold below 34
Review / Lessons Learned
Level for C grade for the First Test but the stock was over extended to downside so it made up for lack of consolidation. +1R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-24 10:57:48 | NKLA | buy | $34.825 | long |
| 2020-11-24 10:57:48 | NKLA | buy | $34.830 | long |
| 2020-11-24 10:57:48 | NKLA | buy | $34.830 | long |
| 2020-11-24 11:00:14 | NKLA | sell | $35.420 | long |
| 2020-11-24 11:00:14 | NKLA | sell | $35.420 | long |
| 2020-11-24 11:00:39 | NKLA | sell | $35.300 | long |
| 2020-11-24 11:01:36 | NKLA | sell | $35.210 | long |
| 2020-11-24 11:02:52 | NKLA | sell | $35.150 | 0 |
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