Shared by
astevenson8
I entered this stock long this morning due to the up trend, the stock was up premarket, the inverted head and shoulders pattern, ATR 0.30, RSI 54, AvgVol 2.02M, 9.92M float.
Purchase Price: $6.24857
91 shares
Total Cost: $568.62
Stop: $5.62
Take Profit: $8.75
I sold this stock today due to the news about a possible ban on Chinese companies (it doesn't look like this stock is on Biden's list of Chinese companies),this stock closed red two trading days in a row and volume has increased indicating that the current downtrend will likely continue. (
https://news.yahoo.com/biden-blacklist-59-chinese-companies-173000460.html
)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-06-04 09:41:45 | KNDI | buy | $6.249 | long |
| 2021-06-04 19:56:56 | KNDI | sell | $5.710 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!