WKHS Trade on Feb 25, 2021 15:30 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Flipped bias on news and basing.
*Entry: Outside of halt
*Risk: 1:3

Catalyst and News:

Breaking news of House Democrat(s) vowing to stop the $OSK contract. Call sweeps and load ups by Cathie Wood and ARKK. Huge action and circuit halting up.

Fundamentals:

n/a

Technicals:

SSR, small daily range on a stock that's at the second day after poor news, based and held the entire day. Huge push on the news.

Summation:

Did the stupid thing and put in a market order after the halt. Of all the rules to break, this was the worst. Got in near the top. There will definitely be a play there tomorrow, but frankly the entry should have been handled substantially better.

Also stop exiting A/H. That's a bad move.

Takeaways:

Stop chasing. It's gone. If things run without you, wait for a pullback if you really need to get in, and get a reason to get in.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-02-25 15:30:14	WKHS	buy	$18.920	long
2021-02-25 15:30:14	WKHS	buy	$18.920	long
2021-02-25 15:36:30	WKHS	sell	$17.620	long
2021-02-25 16:19:50	WKHS	sell	$17.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WKHS&trade=28055770&end=20210225160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WKHS&trade=28055770&end=20210225160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WKHS&trade=28055770&end=20210225160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=WKHS&trade=28055770&end=20210327&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}