Shared by
rrodriguez
Tags:
Rvol:8.62
Float: 670.85MM
Market Cap:33.7B
Short Float 7.09%
Catalyst:VW to invest 700M in xpEV
The set-up:
What I did Right:bought shares with risk in mind. 50 risk three targets
What I did Wrong:thought it was a pullback play, but it was actually more of a 5min ORB-
Where I could improve:look at severeal time frames.
Trade grade:42%
-------------------------------------
Big-picture:saw the headline, quickly jumped in. used risk managemnt with SL at bottom of last pivot.
Trade parameters:
Entry:
Trade Management: 3 target with 1 min 9EMA to makesure it doesnt break support. after hitting target, i set my stoploss near bottom of 9ema and 20ema. it hit, but managed to keep the 2R profit.
Exit
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2023-07-26 09:36:26 | XPEV | 60 | $18.840 | 60 |
| 2023-07-26 09:44:33 | XPEV | -15 | $19.690 | 45 |
| 2023-07-26 09:47:30 | XPEV | -15 | $20.532 | 30 |
| 2023-07-26 10:07:08 | XPEV | -15 | $21.270 | 15 |
| 2023-07-26 10:10:13 | XPEV | -15 | $20.852 | 0 |
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