Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jan 2020: Tesla sympathy play
-Jan 2020: Rumors about a $1 billion cash infusion from GAC Group
-Jan 2020: Lots of funding news lately
-Jun 03 2020: Upgraded to buy at GS
-Jul 08 2020: sympathy movement from TSLA / EV sector
-Aug 11 2020: Earnings: Revs up 146% Y/Q and up 171% Q/Q, Deliveries up 322% Y/Y
-Aug 27 2020: $75M share offering at $17 per share
-Nov 02 2020: Deliveries up 110% M/M, JPM upgrades to buy & $40 PT
-Jan 06 2020: US to delist BABA and Tencent (NIO also Chinese ticker)
-Jan 06 2020: Pro-Trump mob breached capitol building during protests, 1 shot
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade Ext. Cap. long
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 100
Risk (stop / Rs): N/a
Review / Lessons Learned
Cut too early when I noticed SPY dumping and although all variables lined up perfectly on NIO. Mistake here that set up psyche terribly for the day. +0.25R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-15 10:07:00 | NIO | buy | $56.670 | long |
| 2021-01-15 10:07:04 | NIO | buy | $56.340 | long |
| 2021-01-15 10:07:47 | NIO | sell | $56.780 | long |
| 2021-01-15 10:07:54 | NIO | sell | $56.720 | 0 |
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