Shared by
Saisxyo
Enter on the higher low, break of downtrend. Enter 4.20, risk 4.12 w/100 shares. Goal was 1:3+. Basically aim to take some profits in at 4.44+ with overall goal to make $0.5-1/share. Took profits at 4.37 to sell into strength. Sold into 4.45 with selling into strength (could've sold more shares here). Unload some in the high 30s, 40s, and 50s-60s. 80%. 20% left. sold some into weakness in the 30s. Held 10 shares and sold in the 40s. 7 shares left for the open. sold @ 4.72. Avg sell: 4.46.
R:R= 1:3.25, took 1/2 of the overall move
The stock was already falling from its high in the 5.20 back to 4.20s. That's a $1/share loss. The plan was to buy the higher low as the trend break. Furthermore, it was in a hot sector with a catalyst with $EXPEV, a billion-dollar EV play
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-03 07:51:53 | LIZI | buy | $4.200 | long |
| 2020-12-03 07:53:06 | LIZI | sell | $4.370 | long |
| 2020-12-03 07:57:44 | LIZI | sell | $4.450 | long |
| 2020-12-03 08:05:50 | LIZI | sell | $4.390 | long |
| 2020-12-03 08:05:50 | LIZI | sell | $4.390 | long |
| 2020-12-03 08:06:45 | LIZI | sell | $4.360 | long |
| 2020-12-03 08:10:19 | LIZI | sell | $4.430 | long |
| 2020-12-03 08:10:58 | LIZI | sell | $4.520 | long |
| 2020-12-03 08:11:12 | LIZI | sell | $4.600 | long |
| 2020-12-03 08:11:57 | LIZI | sell | $4.560 | long |
| 2020-12-03 08:14:28 | LIZI | sell | $4.350 | long |
| 2020-12-03 08:22:18 | LIZI | sell | $4.310 | long |
| 2020-12-03 08:26:50 | LIZI | sell | $4.430 | long |
| 2020-12-03 08:30:14 | LIZI | sell | $4.470 | long |
| 2020-12-03 08:31:18 | LIZI | sell | $4.720 | 0 |
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