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: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 250
Risk (stop / Rs): reclaim and hold of 34.2
Review / Lessons Learned
Worthy distribution attempt but had to cut in the end because there was no follow through on selling, B/E
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-24 14:19:08 | NKLA | sell | $34.264 | short |
| 2020-11-24 14:19:08 | NKLA | sell | $34.262 | short |
| 2020-11-24 14:19:08 | NKLA | sell | $34.260 | short |
| 2020-11-24 14:21:05 | NKLA | buy | $34.300 | 0 |
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