Reason to pick:
-Gap up big pm from previous close
-Rel volume scanner
-Hot sector: Automotive
-Held the pm bottom of $8 during consolidation:
.Consolidation buy signal: higher low
.Good R/R based off $8 lvl
Entry: Break of pm high $8.8
Could be adjusted to the top of consolidation range: $8.3
$8 support
$0.3 = r
Potential gain = 5r
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-23 09:30:38 | KXIN | buy | $8.800 | long |
2020-11-23 09:30:55 | KXIN | sell | $9.054 | 0 |
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