XPEV Trade on Mar 8, 2021 09:43 from Beghilhorst: Tradervue User Stock Trades.

Considering how much XPEV had been beaten down, I expect some sort of bounce with the positive stimulus news this weekend. Levels marked from the daily were yesterday's high (1) and from two days ago a pivot high (2) and the high of day (3).

After the initial selloff SPY started to climb up and XPEV shortly consolidated under level (1). I entered on the breakout and with the momentum it was an easy scalp through (1) as well as the PM pivot. I could have ridden it all up to (2), which had a short fakeout before turning back.

I played it safe as this was my first trade of the week, almost +1R.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-03-08 09:43:25	XPEV	buy	$29.740	long
2021-03-08 09:44:41	XPEV	sell	$30.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=XPEV&trade=28490567&end=20210308101441&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=XPEV&trade=28490567&end=20210308121441&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=XPEV&trade=28490567&end=20210407&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

XPEV Trade on Mar 8, 2021 09:43 from Beghilhorst: Tradervue User Stock Trades.

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