{"id":50451,"date":"2021-01-19T12:25:53","date_gmt":"2021-01-19T17:25:53","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=50451"},"modified":"2021-05-06T15:55:59","modified_gmt":"2021-05-06T19:55:59","slug":"our-response-to-electric-vehicles","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/our-response-to-electric-vehicles","title":{"rendered":"Our Response To Electric Vehicles\u2026"},"content":{"rendered":"

In this video, Matt reviews a trade that he took in NIO, a Chinese electric vehicle manufacturer that is well-positioned to capture a sizeable chunk of the Chinese EV market.<\/p>\nView Video Transcript<\/strong><\/span>

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<\/div>\n<\/div>\n
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i’m matt crawford with smb capital and<\/div>\n<\/div>\n<\/div>\n
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today i’m going to go over with you a<\/div>\n<\/div>\n<\/div>\n
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playbook trade<\/div>\n<\/div>\n<\/div>\n
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made in neo an electric vehicle company<\/div>\n<\/div>\n<\/div>\n
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this trade involves looking at the<\/div>\n<\/div>\n<\/div>\n
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entire electric vehicle sector to see<\/div>\n<\/div>\n<\/div>\n
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how all the stocks are moving in tandem<\/div>\n<\/div>\n<\/div>\n
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to help give more conviction when<\/div>\n<\/div>\n<\/div>\n
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executing in a specific stock<\/div>\n<\/div>\n<\/div>\n
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such as neo so using the pre-market<\/div>\n<\/div>\n<\/div>\n
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technical levels<\/div>\n<\/div>\n<\/div>\n
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the intraday tape and the overall<\/div>\n<\/div>\n<\/div>\n
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sector’s movement<\/div>\n<\/div>\n<\/div>\n
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help gives greater conviction to make<\/div>\n<\/div>\n<\/div>\n
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opening drive long trade that i can’t<\/div>\n<\/div>\n<\/div>\n
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wait to share with all of you<\/div>\n<\/div>\n<\/div>\n
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[Music]<\/div>\n<\/div>\n<\/div>\n
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so like we said this will be an opening<\/div>\n<\/div>\n<\/div>\n
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drive playbook<\/div>\n<\/div>\n<\/div>\n
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in the electric vehicle um space<\/div>\n<\/div>\n<\/div>\n
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those haven’t been hot at all yeah they<\/div>\n<\/div>\n<\/div>\n
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haven’t been in play at all i don’t<\/div>\n<\/div>\n<\/div>\n
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what are those what are those stocks<\/div>\n<\/div>\n<\/div>\n
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we’ve been trading those every day<\/div>\n<\/div>\n<\/div>\n
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around the desk<\/div>\n<\/div>\n<\/div>\n
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tesla neo what’s that other crazy stock<\/div>\n<\/div>\n<\/div>\n
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we trade pdev<\/div>\n<\/div>\n<\/div>\n
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uh tesla neo xpev um<\/div>\n<\/div>\n<\/div>\n
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li yeah there’s a couple of them<\/div>\n<\/div>\n<\/div>\n
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so big reason these are such attractive<\/div>\n<\/div>\n<\/div>\n
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names as they<\/div>\n<\/div>\n<\/div>\n
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have elevated our ball usually two three<\/div>\n<\/div>\n<\/div>\n
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four times<\/div>\n<\/div>\n<\/div>\n
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um the amount than usual and then<\/div>\n<\/div>\n<\/div>\n
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on this particular day they had strong<\/div>\n<\/div>\n<\/div>\n
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pre-market ranges with a lot of volume<\/div>\n<\/div>\n<\/div>\n
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that you could really use<\/div>\n<\/div>\n<\/div>\n
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as uh pre-market risk levels<\/div>\n<\/div>\n<\/div>\n
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so you’d be able to enter when you see<\/div>\n<\/div>\n<\/div>\n
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these pre-market levels really hold on<\/div>\n<\/div>\n<\/div>\n
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the bid<\/div>\n<\/div>\n<\/div>\n
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and really reverse to the upside<\/div>\n<\/div>\n<\/div>\n
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let me just explain why you know<\/div>\n<\/div>\n<\/div>\n
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sometimes we don’t remember<\/div>\n<\/div>\n<\/div>\n
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like all of the symbols so our job is to<\/div>\n<\/div>\n<\/div>\n
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be moving around to the<\/div>\n<\/div>\n<\/div>\n
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stocks that are in play the stocks that<\/div>\n<\/div>\n<\/div>\n
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have elevated volume the stocks that are<\/div>\n<\/div>\n<\/div>\n
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really moving around and a lot of times<\/div>\n<\/div>\n<\/div>\n
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we sort of get caught<\/div>\n<\/div>\n<\/div>\n
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we’re not fundamental analysts that’s<\/div>\n<\/div>\n<\/div>\n
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not how we trade there’s a lot of<\/div>\n<\/div>\n<\/div>\n
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different ways to trade but the way that<\/div>\n<\/div>\n<\/div>\n
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we trade is<\/div>\n<\/div>\n<\/div>\n
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we find the stocks that are moving we<\/div>\n<\/div>\n<\/div>\n
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find the stocks with elevated volume<\/div>\n<\/div>\n<\/div>\n
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and a lot of times we have to sort of<\/div>\n<\/div>\n<\/div>\n
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learn a stock or sector on the fly or<\/div>\n<\/div>\n<\/div>\n
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pretty quickly or<\/div>\n<\/div>\n<\/div>\n
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may not even have the full picture and<\/div>\n<\/div>\n<\/div>\n
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price and volume is<\/div>\n<\/div>\n<\/div>\n
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is leading the way for us all right<\/div>\n<\/div>\n<\/div>\n
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killer matt<\/div>\n<\/div>\n<\/div>\n
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what do you got alrighty<\/div>\n<\/div>\n<\/div>\n
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so big reason on this day specifically<\/div>\n<\/div>\n<\/div>\n
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that we were trading electric vehicles<\/div>\n<\/div>\n<\/div>\n
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was we had a really large gap up in the<\/div>\n<\/div>\n<\/div>\n
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market<\/div>\n<\/div>\n<\/div>\n
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because heading into 2021 there’s a lot<\/div>\n<\/div>\n<\/div>\n
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of expected fiscal<\/div>\n<\/div>\n<\/div>\n
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monetary policy and then just the<\/div>\n<\/div>\n<\/div>\n
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positive market news and gap<\/div>\n<\/div>\n<\/div>\n
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up overall just evs have been really<\/div>\n<\/div>\n<\/div>\n
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intriguing in line with that<\/div>\n<\/div>\n<\/div>\n
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and then there’s just continued optimism<\/div>\n<\/div>\n<\/div>\n
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that the covet vaccine will be able to<\/div>\n<\/div>\n<\/div>\n
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be distributed throughout 2021<\/div>\n<\/div>\n<\/div>\n
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so that’s helping um<\/div>\n<\/div>\n<\/div>\n
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money flow back into the markets as<\/div>\n<\/div>\n<\/div>\n
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we’re seeing a lot of terms like<\/div>\n<\/div>\n<\/div>\n
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recovery rotation<\/div>\n<\/div>\n<\/div>\n
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and things like that with people trying<\/div>\n<\/div>\n<\/div>\n
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to get back involved and<\/div>\n<\/div>\n<\/div>\n
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search for where new profits could be on<\/div>\n<\/div>\n<\/div>\n
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the year and evs look like a really um<\/div>\n<\/div>\n<\/div>\n
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attractive space for trading profits i<\/div>\n<\/div>\n<\/div>\n
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think they’ve caught a bit a little bit<\/div>\n<\/div>\n<\/div>\n
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because of<\/div>\n<\/div>\n<\/div>\n
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biden winning and this the senate<\/div>\n<\/div>\n<\/div>\n
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turning democrat<\/div>\n<\/div>\n<\/div>\n
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the thought is they’re going to be more<\/div>\n<\/div>\n<\/div>\n
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sympathetic to<\/div>\n<\/div>\n<\/div>\n
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these energy plays these alternative<\/div>\n<\/div>\n<\/div>\n
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energy plays<\/div>\n<\/div>\n<\/div>\n
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and so that is another reason they’re<\/div>\n<\/div>\n<\/div>\n
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catching a bit<\/div>\n<\/div>\n<\/div>\n
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definitely if biden’s like build back<\/div>\n<\/div>\n<\/div>\n
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better plan really brings<\/div>\n<\/div>\n<\/div>\n
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back a lot or brings in a lot of new<\/div>\n<\/div>\n<\/div>\n
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energy jobs and a lot of<\/div>\n<\/div>\n<\/div>\n
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money into that sector that only boost<\/div>\n<\/div>\n<\/div>\n
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the electric vehicle companies higher<\/div>\n<\/div>\n<\/div>\n
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so looking on the day these were the<\/div>\n<\/div>\n<\/div>\n
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three main<\/div>\n<\/div>\n<\/div>\n
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uh electric vehicle companies i was<\/div>\n<\/div>\n<\/div>\n
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looking at nia was the one i executed in<\/div>\n<\/div>\n<\/div>\n
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however my other charts had tesla and li<\/div>\n<\/div>\n<\/div>\n
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on them as well<\/div>\n<\/div>\n<\/div>\n
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and a big thing to look at on this<\/div>\n<\/div>\n<\/div>\n
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screen is kind of comparing<\/div>\n<\/div>\n<\/div>\n
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the arvol on the day they’re short<\/div>\n<\/div>\n<\/div>\n
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floats and their institutional ownership<\/div>\n<\/div>\n<\/div>\n
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so you can see neo had the highest arvol<\/div>\n<\/div>\n<\/div>\n
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so this tells me<\/div>\n<\/div>\n<\/div>\n
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if i’m going to trade any of these that<\/div>\n<\/div>\n<\/div>\n
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it may potentially have the<\/div>\n<\/div>\n<\/div>\n
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largest chance of outsized moves which<\/div>\n<\/div>\n<\/div>\n
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is what we’re looking for<\/div>\n<\/div>\n<\/div>\n
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has a little bit higher of a short float<\/div>\n<\/div>\n<\/div>\n
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than the other two as well<\/div>\n<\/div>\n<\/div>\n
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which can uh lead to short squeezes and<\/div>\n<\/div>\n<\/div>\n
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then<\/div>\n<\/div>\n<\/div>\n
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also it does have a 36 institutional<\/div>\n<\/div>\n<\/div>\n
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ownership so you keep that in mind for<\/div>\n<\/div>\n<\/div>\n
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potentially how far something in trend<\/div>\n<\/div>\n<\/div>\n
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if funds need to really be<\/div>\n<\/div>\n<\/div>\n
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repositioning and in this one there can<\/div>\n<\/div>\n<\/div>\n
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be a lot more<\/div>\n<\/div>\n<\/div>\n
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um knee-jerk reactions and a lot more<\/div>\n<\/div>\n<\/div>\n
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movement price action because there<\/div>\n<\/div>\n<\/div>\n
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isn’t as high of an institutional<\/div>\n<\/div>\n<\/div>\n
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ownership really<\/div>\n<\/div>\n<\/div>\n
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weighing down the stock one way or the<\/div>\n<\/div>\n<\/div>\n
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other so<\/div>\n<\/div>\n<\/div>\n
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yeah just keeping an eye on the relative<\/div>\n<\/div>\n<\/div>\n
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volume in the whole sector<\/div>\n<\/div>\n<\/div>\n
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and kind of picking which one looks best<\/div>\n<\/div>\n<\/div>\n
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to you<\/div>\n<\/div>\n<\/div>\n
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based off a lot of those variables if<\/div>\n<\/div>\n<\/div>\n
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you want to learn<\/div>\n<\/div>\n<\/div>\n
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three more real world setups that our<\/div>\n<\/div>\n<\/div>\n
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traders use including the simple setup<\/div>\n<\/div>\n<\/div>\n
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that we teach<\/div>\n<\/div>\n<\/div>\n
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all of our new traders and the setup<\/div>\n<\/div>\n<\/div>\n
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that turned one of our traders into a<\/div>\n<\/div>\n<\/div>\n
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seven<\/div>\n<\/div>\n<\/div>\n
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figure big money earner check out the<\/div>\n<\/div>\n<\/div>\n
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free webinar that we’re currently<\/div>\n<\/div>\n<\/div>\n
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running<\/div>\n<\/div>\n<\/div>\n
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just go ahead and click the link that<\/div>\n<\/div>\n<\/div>\n
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should be appearing now<\/div>\n<\/div>\n<\/div>\n
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at the top right hand corner of your<\/div>\n<\/div>\n<\/div>\n
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screen that will open up the free<\/div>\n<\/div>\n<\/div>\n
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registration page in a new window so<\/div>\n<\/div>\n<\/div>\n
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don’t worry<\/div>\n<\/div>\n<\/div>\n
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you won’t lose this video you can also<\/div>\n<\/div>\n<\/div>\n
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visit<\/div>\n<\/div>\n<\/div>\n
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tradingworkshop.com to register for this<\/div>\n<\/div>\n<\/div>\n
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free intensive workshop<\/div>\n<\/div>\n<\/div>\n
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you’re going to learn more in a couple<\/div>\n<\/div>\n<\/div>\n
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of hours from this trading workshop<\/div>\n<\/div>\n<\/div>\n
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than from years of online education<\/div>\n<\/div>\n<\/div>\n
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so here’s neo and some of the technical<\/div>\n<\/div>\n<\/div>\n
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reasons why i also liked this trade<\/div>\n<\/div>\n<\/div>\n
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this 50 level had been resistance on the<\/div>\n<\/div>\n<\/div>\n
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daily<\/div>\n<\/div>\n<\/div>\n
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and we had finally been gapping kind of<\/div>\n<\/div>\n<\/div>\n
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above this level<\/div>\n<\/div>\n<\/div>\n
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as you can see here after prior month<\/div>\n<\/div>\n<\/div>\n
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month and a half<\/div>\n<\/div>\n<\/div>\n
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of basing below 50.<\/div>\n<\/div>\n<\/div>\n
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so you can see in the pre-market we had<\/div>\n<\/div>\n<\/div>\n
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this gap up over 50<\/div>\n<\/div>\n<\/div>\n
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consolidation underneath hold and then a<\/div>\n<\/div>\n<\/div>\n
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really<\/div>\n<\/div>\n<\/div>\n
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large push higher so<\/div>\n<\/div>\n<\/div>\n
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this is what we were looking at in the<\/div>\n<\/div>\n<\/div>\n
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free market when i came in<\/div>\n<\/div>\n<\/div>\n
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and i’m putting together my pre-market<\/div>\n<\/div>\n<\/div>\n
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plan i’m saying okay i see<\/div>\n<\/div>\n<\/div>\n
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this 50 area from the previous day<\/div>\n<\/div>\n<\/div>\n
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and then the pre-market was an area of<\/div>\n<\/div>\n<\/div>\n
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contention trading above and below<\/div>\n<\/div>\n<\/div>\n
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and then this 50-50 kind of top of the<\/div>\n<\/div>\n<\/div>\n
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range found some buying and volume<\/div>\n<\/div>\n<\/div>\n
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and then kind of topping out around this<\/div>\n<\/div>\n<\/div>\n
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5120 so i’m keeping these levels in mind<\/div>\n<\/div>\n<\/div>\n
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off the open<\/div>\n<\/div>\n<\/div>\n
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when we trade around them and how they<\/div>\n<\/div>\n<\/div>\n
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could possibly react<\/div>\n<\/div>\n<\/div>\n
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so we can just see again an intraday on<\/div>\n<\/div>\n<\/div>\n
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neo on the one minute but now i’m going<\/div>\n<\/div>\n<\/div>\n
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to show you the intraday<\/div>\n<\/div>\n<\/div>\n
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one minute chart of the other electric<\/div>\n<\/div>\n<\/div>\n
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vehicles you can see<\/div>\n<\/div>\n<\/div>\n
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how they’re similarly correlated on the<\/div>\n<\/div>\n<\/div>\n
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day and what’s looking stronger<\/div>\n<\/div>\n<\/div>\n
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so you can see this is a very clean<\/div>\n<\/div>\n<\/div>\n
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strong chart on neo<\/div>\n<\/div>\n<\/div>\n
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tesla very similarly held<\/div>\n<\/div>\n<\/div>\n
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its pre-market range tested the bottom<\/div>\n<\/div>\n<\/div>\n
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and then very strong open<\/div>\n<\/div>\n<\/div>\n
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so that’s another catalyst in your favor<\/div>\n<\/div>\n<\/div>\n
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li took a little bit longer to break out<\/div>\n<\/div>\n<\/div>\n
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but this one ended up looking almost<\/div>\n<\/div>\n<\/div>\n
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like the strongest on the day<\/div>\n<\/div>\n<\/div>\n
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as you can see just to clear up trend<\/div>\n<\/div>\n<\/div>\n
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after the buying on the open<\/div>\n<\/div>\n<\/div>\n
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and then the final one that was a little<\/div>\n<\/div>\n<\/div>\n
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bit choppier but did work its way higher<\/div>\n<\/div>\n<\/div>\n
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that we had on watch was xpev<\/div>\n<\/div>\n<\/div>\n
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so<\/div>\n<\/div>\n<\/div>\n
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so killer matt which one were you<\/div>\n<\/div>\n<\/div>\n
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trading and why are you watching all<\/div>\n<\/div>\n<\/div>\n
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these other stocks<\/div>\n<\/div>\n<\/div>\n
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right so i was trading neo because it<\/div>\n<\/div>\n<\/div>\n
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had the elevated<\/div>\n<\/div>\n<\/div>\n
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more elevated arvol clear pre-market<\/div>\n<\/div>\n<\/div>\n
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range levels<\/div>\n<\/div>\n<\/div>\n
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so why are you watching all these other<\/div>\n<\/div>\n<\/div>\n
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stocks like tesla and li<\/div>\n<\/div>\n<\/div>\n
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and xpev why not just watch neo<\/div>\n<\/div>\n<\/div>\n
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so something that i’ve learned trading<\/div>\n<\/div>\n<\/div>\n
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at the firm and trading with the guys is<\/div>\n<\/div>\n<\/div>\n
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that using<\/div>\n<\/div>\n<\/div>\n
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a basket of stocks to see how your idea<\/div>\n<\/div>\n<\/div>\n
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is playing out can be really pivotal in<\/div>\n<\/div>\n<\/div>\n
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getting stronger trade conviction<\/div>\n<\/div>\n<\/div>\n
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so if i’m watching neo and li and xpev<\/div>\n<\/div>\n<\/div>\n
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and i see off the open that not only neo<\/div>\n<\/div>\n<\/div>\n
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is getting some buying but<\/div>\n<\/div>\n<\/div>\n
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tesla is and li and if they’re all<\/div>\n<\/div>\n<\/div>\n
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getting bit up at those same times<\/div>\n<\/div>\n<\/div>\n
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then there might not just be an idea in<\/div>\n<\/div>\n<\/div>\n
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this stock but it might also be an idea<\/div>\n<\/div>\n<\/div>\n
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in the sector<\/div>\n<\/div>\n<\/div>\n
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so it might be a little bit of a sector<\/div>\n<\/div>\n<\/div>\n
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rotation if all the evs are getting<\/div>\n<\/div>\n<\/div>\n
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bought up<\/div>\n<\/div>\n<\/div>\n
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that’s going to give me a little more<\/div>\n<\/div>\n<\/div>\n
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conviction to maybe hold my trade longer<\/div>\n<\/div>\n<\/div>\n
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if tesla’s still really strong<\/div>\n<\/div>\n<\/div>\n
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or it’s going to give me more conviction<\/div>\n<\/div>\n<\/div>\n
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to get larger if i’m already seeing the<\/div>\n<\/div>\n<\/div>\n
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other<\/div>\n<\/div>\n<\/div>\n
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uh electric vehicle companies breaking<\/div>\n<\/div>\n<\/div>\n
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out and holding up<\/div>\n<\/div>\n<\/div>\n
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while the one i’m in is still basing<\/div>\n<\/div>\n<\/div>\n
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that might give me a little more<\/div>\n<\/div>\n<\/div>\n
\n
\n
um conviction to get involved in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock there so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can think of these other stocks as<\/div>\n<\/div>\n<\/div>\n
\n
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like a check in your favor<\/div>\n<\/div>\n<\/div>\n
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\n
essentially another another way to be<\/div>\n<\/div>\n<\/div>\n
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\n
convicted about<\/div>\n<\/div>\n<\/div>\n
\n
\n
if your idea for the stock and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
overall trend in the sector could be<\/div>\n<\/div>\n<\/div>\n
\n
\n
correct on the day get long if the<\/div>\n<\/div>\n<\/div>\n
\n
\n
others are strong<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah there you go i like that it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
definitely kind of what we’re we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking on a morning like this<\/div>\n<\/div>\n<\/div>\n
\n
\n
the other thing we’re looking at is<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re checking to see hey what’s the<\/div>\n<\/div>\n<\/div>\n
\n
\n
arvol<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the other names in the sector as well<\/div>\n<\/div>\n<\/div>\n
\n
\n
right so the other sectors or the other<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocks had elevated our ball but not<\/div>\n<\/div>\n<\/div>\n
\n
\n
quite as much as neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
which was another reason neo was um my<\/div>\n<\/div>\n<\/div>\n
\n
\n
top watch<\/div>\n<\/div>\n<\/div>\n
\n
\n
so the tape is really going to be the<\/div>\n<\/div>\n<\/div>\n
\n
\n
best way to see how this trade played<\/div>\n<\/div>\n<\/div>\n
\n
\n
out<\/div>\n<\/div>\n<\/div>\n
\n
\n
but here’s a chart of my trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
management so<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re going to watch this 5120 level<\/div>\n<\/div>\n<\/div>\n
\n
\n
look if i could just jump in here<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s an excellent best practice an<\/div>\n<\/div>\n<\/div>\n
\n
\n
excellent technique<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you’re trading a sector that’s in<\/div>\n<\/div>\n<\/div>\n
\n
\n
play and we could swap out<\/div>\n<\/div>\n<\/div>\n
\n
\n
the eb sector for the retail sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
or the marijuana names and you can do<\/div>\n<\/div>\n<\/div>\n
\n
\n
the same thing<\/div>\n<\/div>\n<\/div>\n
\n
\n
in other sectors when they get hot or<\/div>\n<\/div>\n<\/div>\n
\n
\n
cloud computing okay or<\/div>\n<\/div>\n<\/div>\n
\n
\n
the fang names and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
and this works this technique works<\/div>\n<\/div>\n<\/div>\n
\n
\n
really<\/div>\n<\/div>\n<\/div>\n
\n
\n
well when you have these sectors that<\/div>\n<\/div>\n<\/div>\n
\n
\n
are that are really hot so<\/div>\n<\/div>\n<\/div>\n
\n
\n
well done here setting this trade up for<\/div>\n<\/div>\n<\/div>\n
\n
\n
yourself<\/div>\n<\/div>\n<\/div>\n
\n
\n
thank you yeah so like i said we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to open around this 5120 level<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the pre-market and we’re gonna just<\/div>\n<\/div>\n<\/div>\n
\n
\n
see as the bids try and<\/div>\n<\/div>\n<\/div>\n
\n
\n
give out they just keep getting uh<\/div>\n<\/div>\n<\/div>\n
\n
\n
bought back up<\/div>\n<\/div>\n<\/div>\n
\n
\n
and we just really hold the tape at this<\/div>\n<\/div>\n<\/div>\n
\n
\n
50 80 area<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see um this bottom left chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the one minute of neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
with the times and sales in the bottom<\/div>\n<\/div>\n<\/div>\n
\n
\n
center and then the top right i had<\/div>\n<\/div>\n<\/div>\n
\n
\n
xpev which was another one of the evs<\/div>\n<\/div>\n<\/div>\n
\n
\n
that we talked about and showed on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then on my other chart next to this<\/div>\n<\/div>\n<\/div>\n
\n
\n
monitor or on my other monitor next to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the chart would be tesla<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the other ev names so i can watch<\/div>\n<\/div>\n<\/div>\n
\n
\n
them all<\/div>\n<\/div>\n<\/div>\n
\n
\n
in tandem so we’re going to start out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and break down to this 51 level which<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see there’s some bids holding<\/div>\n<\/div>\n<\/div>\n
\n
\n
there<\/div>\n<\/div>\n<\/div>\n
\n
\n
it was trying to hold higher in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market and i’m thinking okay if this<\/div>\n<\/div>\n<\/div>\n
\n
\n
opens at the top of its pre-market range<\/div>\n<\/div>\n<\/div>\n
\n
\n
and can’t go right away it might need<\/div>\n<\/div>\n<\/div>\n
\n
\n
some time to pull back and rest<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so we’re gonna watch these 51s get<\/div>\n<\/div>\n<\/div>\n
\n
\n
decremented<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m thinking okay this is going to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
weak<\/div>\n<\/div>\n<\/div>\n
\n
\n
this should probably get some speed and<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum to the downside and it looks<\/div>\n<\/div>\n<\/div>\n
\n
\n
like it is a little bit here<\/div>\n<\/div>\n<\/div>\n
\n
\n
but these 80 cents are kind of sticky in<\/div>\n<\/div>\n<\/div>\n
\n
\n
a way you can see you get in the 70s<\/div>\n<\/div>\n<\/div>\n
\n
\n
come right back to the 80s<\/div>\n<\/div>\n<\/div>\n
\n
\n
now i’m seeing if they can bid it back<\/div>\n<\/div>\n<\/div>\n
\n
\n
up again maybe get back over that 51<\/div>\n<\/div>\n<\/div>\n
\n
\n
area where all those<\/div>\n<\/div>\n<\/div>\n
\n
\n
um bids decremented i’m knowing that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
still a big area of contention that 51<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollars now<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see we’re really holding below<\/div>\n<\/div>\n<\/div>\n
\n
\n
this this 51<\/div>\n<\/div>\n<\/div>\n
\n
\n
so if we can get a good test below<\/div>\n<\/div>\n<\/div>\n
\n
\n
these lows that clearly get bid back up<\/div>\n<\/div>\n<\/div>\n
\n
\n
that would be a great<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh reason to get long so like if we make<\/div>\n<\/div>\n<\/div>\n
\n
\n
a new low quickly gets bid back<\/div>\n<\/div>\n<\/div>\n
\n
\n
up and then back to 51. that’s kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re going to see here we break these<\/div>\n<\/div>\n<\/div>\n
\n
\n
80 cents finally pull down to the 50 70s<\/div>\n<\/div>\n<\/div>\n
\n
\n
50 60s which we hadn’t seen before<\/div>\n<\/div>\n<\/div>\n
\n
\n
then it just doesn’t break down not much<\/div>\n<\/div>\n<\/div>\n
\n
\n
follow through<\/div>\n<\/div>\n<\/div>\n
\n
\n
tapes holding these 80 cents again<\/div>\n<\/div>\n<\/div>\n
\n
\n
buying going through on the tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
i get long in here kind of seeing his<\/div>\n<\/div>\n<\/div>\n
\n
\n
upward momentum pulling up<\/div>\n<\/div>\n<\/div>\n
\n
\n
picking up so i’m long at 50 90 risking<\/div>\n<\/div>\n<\/div>\n
\n
\n
like<\/div>\n<\/div>\n<\/div>\n
\n
\n
that low there 50 70 50 60.<\/div>\n<\/div>\n<\/div>\n
\n
\n
and see it picks up pretty quickly in my<\/div>\n<\/div>\n<\/div>\n
\n
\n
favor but i haven’t sold any yet because<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re coming into the pre-market high<\/div>\n<\/div>\n<\/div>\n
\n
\n
and for this type of setup to really<\/div>\n<\/div>\n<\/div>\n
\n
\n
work<\/div>\n<\/div>\n<\/div>\n
\n
\n
um we expect this to dip and rip up<\/div>\n<\/div>\n<\/div>\n
\n
\n
through pre-market highs so i didn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
take my first sales to like 5143<\/div>\n<\/div>\n<\/div>\n
\n
\n
5160 just sold the sixth into the<\/div>\n<\/div>\n<\/div>\n
\n
\n
the pre-market high saying if we do<\/div>\n<\/div>\n<\/div>\n
\n
\n
reject there but<\/div>\n<\/div>\n<\/div>\n
\n
\n
like i said still holding five sixth my<\/div>\n<\/div>\n<\/div>\n
\n
\n
position<\/div>\n<\/div>\n<\/div>\n
\n
\n
really or four-fifths my position really<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking for<\/div>\n<\/div>\n<\/div>\n
\n
\n
the bigger move on this um keeping the<\/div>\n<\/div>\n<\/div>\n
\n
\n
back of my mind this is a<\/div>\n<\/div>\n<\/div>\n
\n
\n
three dollar atr so if this really<\/div>\n<\/div>\n<\/div>\n
\n
\n
trends we can move up towards 54.<\/div>\n<\/div>\n<\/div>\n
\n
\n
um we can see we have a lot of support<\/div>\n<\/div>\n<\/div>\n
\n
\n
levels below now<\/div>\n<\/div>\n<\/div>\n
\n
\n
to potentially more buyers come in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
volume on the morning is<\/div>\n<\/div>\n<\/div>\n
\n
\n
very drastic with opening near 10 times<\/div>\n<\/div>\n<\/div>\n
\n
\n
our ball<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see um huge elevated up volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
there on the one minute<\/div>\n<\/div>\n<\/div>\n
\n
\n
and now this is the spot in the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
where you’re kind of in the driver’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
seat<\/div>\n<\/div>\n<\/div>\n
\n
\n
and you’re just watching how the tape’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
stepping up when are we going to get a<\/div>\n<\/div>\n<\/div>\n
\n
\n
change of<\/div>\n<\/div>\n<\/div>\n
\n
\n
characteristics maybe some slowing to<\/div>\n<\/div>\n<\/div>\n
\n
\n
take more profits<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we’re getting another extension and i<\/div>\n<\/div>\n<\/div>\n
\n
\n
have some orders outs a little more in<\/div>\n<\/div>\n<\/div>\n
\n
\n
front of 52<\/div>\n<\/div>\n<\/div>\n
\n
\n
in case tape kind of slows into this<\/div>\n<\/div>\n<\/div>\n
\n
\n
area just paying myself along the way<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking there’s those offers at 52<\/div>\n<\/div>\n<\/div>\n
\n
\n
stacked up so they’re trying to hold it<\/div>\n<\/div>\n<\/div>\n
\n
\n
down there<\/div>\n<\/div>\n<\/div>\n
\n
\n
so that’s a good reason to take another<\/div>\n<\/div>\n<\/div>\n
\n
\n
little profit again when we saw those<\/div>\n<\/div>\n<\/div>\n
\n
\n
offers stack of 52 and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
we don’t break right through are you<\/div>\n<\/div>\n<\/div>\n
\n
\n
also watching those other stocks<\/div>\n<\/div>\n<\/div>\n
\n
\n
while you’re watching the tape are you<\/div>\n<\/div>\n<\/div>\n
\n
\n
peeking into hey how is<\/div>\n<\/div>\n<\/div>\n
\n
\n
xpeb doing how is tesla doing how’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
li doing you sort of out of the corner<\/div>\n<\/div>\n<\/div>\n
\n
\n
of your eye you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re peeking at them as you’re peeking<\/div>\n<\/div>\n<\/div>\n
\n
\n
at the tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly so xpev i was actually checking<\/div>\n<\/div>\n<\/div>\n
\n
\n
out the tape live and<\/div>\n<\/div>\n<\/div>\n
\n
\n
this 45 level was kind of its dip and<\/div>\n<\/div>\n<\/div>\n
\n
\n
rip level<\/div>\n<\/div>\n<\/div>\n
\n
\n
so when i was noticing getting long and<\/div>\n<\/div>\n<\/div>\n
\n
\n
neo i noticed xpev was starting to dip<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then tesla was on my other monitor<\/div>\n<\/div>\n<\/div>\n
\n
\n
and was<\/div>\n<\/div>\n<\/div>\n
\n
\n
even stronger than the other two off the<\/div>\n<\/div>\n<\/div>\n
\n
\n
open and barely pulled back<\/div>\n<\/div>\n<\/div>\n
\n
\n
and was already moving to the upside so<\/div>\n<\/div>\n<\/div>\n
\n
\n
seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
buying an expeve already seeing strength<\/div>\n<\/div>\n<\/div>\n
\n
\n
in tesla<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then seeing what i’m seeing in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape on neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of all team came together to help<\/div>\n<\/div>\n<\/div>\n
\n
\n
me get long in that moment<\/div>\n<\/div>\n<\/div>\n
\n
\n
um for the reclaim of 51.<\/div>\n<\/div>\n<\/div>\n
\n
\n
and move to the upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
so now skip ahead a little this is kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of<\/div>\n<\/div>\n<\/div>\n
\n
\n
sitting on half my shares now seeing if<\/div>\n<\/div>\n<\/div>\n
\n
\n
we can get more breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
as we do um<\/div>\n<\/div>\n<\/div>\n
\n
\n
sold a little more into this extension<\/div>\n<\/div>\n<\/div>\n
\n
\n
at 52.50<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking we’re up about half an atr now<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking always thinking about places to<\/div>\n<\/div>\n<\/div>\n
\n
\n
add but right now<\/div>\n<\/div>\n<\/div>\n
\n
\n
not really seeing any ad potentials this<\/div>\n<\/div>\n<\/div>\n
\n
\n
is just<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of going vertical so it’s gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
need some time<\/div>\n<\/div>\n<\/div>\n
\n
\n
gets its first pullback finally<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then this is definitely a crucial<\/div>\n<\/div>\n<\/div>\n
\n
\n
area to see how this first pullback<\/div>\n<\/div>\n<\/div>\n
\n
\n
after the opening drive holds<\/div>\n<\/div>\n<\/div>\n
\n
\n
we want to see the strong up move and<\/div>\n<\/div>\n<\/div>\n
\n
\n
then the pullback we want to see<\/div>\n<\/div>\n<\/div>\n
\n
\n
a shallow pullback relative to the size<\/div>\n<\/div>\n<\/div>\n
\n
\n
of the total move<\/div>\n<\/div>\n<\/div>\n
\n
\n
so maybe if it just pulls back half the<\/div>\n<\/div>\n<\/div>\n
\n
\n
move that’s that’s totally fine this was<\/div>\n<\/div>\n<\/div>\n
\n
\n
a drastic breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then we want to see lower volume in<\/div>\n<\/div>\n<\/div>\n
\n
\n
this pullback consolidation<\/div>\n<\/div>\n<\/div>\n
\n
\n
showing that there’s not as many people<\/div>\n<\/div>\n<\/div>\n
\n
\n
really selling<\/div>\n<\/div>\n<\/div>\n
\n
\n
and hitting it lower but more just<\/div>\n<\/div>\n<\/div>\n
\n
\n
absorption<\/div>\n<\/div>\n<\/div>\n
\n
\n
and consolidation<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see these 5190s 5180s are<\/div>\n<\/div>\n<\/div>\n
\n
\n
really<\/div>\n<\/div>\n<\/div>\n
\n
\n
just holding in this pullback<\/div>\n<\/div>\n<\/div>\n
\n
\n
that would have been the spot to add i<\/div>\n<\/div>\n<\/div>\n
\n
\n
didn’t um<\/div>\n<\/div>\n<\/div>\n
\n
\n
but in review that’s always really good<\/div>\n<\/div>\n<\/div>\n
\n
\n
to see how<\/div>\n<\/div>\n<\/div>\n
\n
\n
it gets its first pullback it holds the<\/div>\n<\/div>\n<\/div>\n
\n
\n
previous breakout area the tape slows<\/div>\n<\/div>\n<\/div>\n
\n
\n
not much selling volume comes in and<\/div>\n<\/div>\n<\/div>\n
\n
\n
then it quickly continues to the upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
as you can see it makes a new high<\/div>\n<\/div>\n<\/div>\n
\n
\n
so that’s really good for me to note<\/div>\n<\/div>\n<\/div>\n
\n
\n
when reviewing my tape okay<\/div>\n<\/div>\n<\/div>\n
\n
\n
i had a great trade but how could i have<\/div>\n<\/div>\n<\/div>\n
\n
\n
been bigger how could i have done better<\/div>\n<\/div>\n<\/div>\n
\n
\n
and seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
how the tape held that second time at 52<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of like how it did for me near 51<\/div>\n<\/div>\n<\/div>\n
\n
\n
i could have had conviction to get back<\/div>\n<\/div>\n<\/div>\n
\n
\n
in in a portion of my shares there<\/div>\n<\/div>\n<\/div>\n
\n
\n
and used it as a momentum lot into this<\/div>\n<\/div>\n<\/div>\n
\n
\n
new high<\/div>\n<\/div>\n<\/div>\n
\n
\n
into this 53 area which i knew it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
probably where it’ll push<\/div>\n<\/div>\n<\/div>\n
\n
\n
next due to technicals and then if we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to make that full atr move it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
probably going to break through 53<\/div>\n<\/div>\n<\/div>\n
\n
\n
try towards 54.<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we can see how we push into these<\/div>\n<\/div>\n<\/div>\n
\n
\n
highs<\/div>\n<\/div>\n<\/div>\n
\n
\n
and just each time it’s making a new<\/div>\n<\/div>\n<\/div>\n
\n
\n
high now after a consolidation i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling some i’m down to<\/div>\n<\/div>\n<\/div>\n
\n
\n
a sixth of my shares just kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
watching<\/div>\n<\/div>\n<\/div>\n
\n
\n
how this is trending<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then here is where i eventually get<\/div>\n<\/div>\n<\/div>\n
\n
\n
out all of my shares<\/div>\n<\/div>\n<\/div>\n
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as we get a change of character in terms<\/div>\n<\/div>\n<\/div>\n
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of<\/div>\n<\/div>\n<\/div>\n
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we make a new high and then it quickly<\/div>\n<\/div>\n<\/div>\n
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rejects<\/div>\n<\/div>\n<\/div>\n
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and pulls back harsher than we’d seen<\/div>\n<\/div>\n<\/div>\n
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all day so<\/div>\n<\/div>\n<\/div>\n
\n
\n
right in here so you can see 53.80<\/div>\n<\/div>\n<\/div>\n
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made a new high couldn’t really follow<\/div>\n<\/div>\n<\/div>\n
\n
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through tried in the second minute<\/div>\n<\/div>\n<\/div>\n
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candle to hold up to go higher<\/div>\n<\/div>\n<\/div>\n
\n
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and then we’re gonna pull back all the<\/div>\n<\/div>\n<\/div>\n
\n
\n
way to the previous breakout area so<\/div>\n<\/div>\n<\/div>\n
\n
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i’m down to only a tenth of my shares at<\/div>\n<\/div>\n<\/div>\n
\n
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this point i take off more<\/div>\n<\/div>\n<\/div>\n
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at 53.37 and i have my very final<\/div>\n<\/div>\n<\/div>\n
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portion i take out there<\/div>\n<\/div>\n<\/div>\n
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53.20 when i see the tapes just really<\/div>\n<\/div>\n<\/div>\n
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giving out i’m expecting if we’re not<\/div>\n<\/div>\n<\/div>\n
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making a new high they’re gonna pull<\/div>\n<\/div>\n<\/div>\n
\n
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back at least to 53<\/div>\n<\/div>\n<\/div>\n
\n
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but we’ve almost had an eight full atr<\/div>\n<\/div>\n<\/div>\n
\n
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move uh<\/div>\n<\/div>\n<\/div>\n
\n
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a pullback to like v wap like 52 5250<\/div>\n<\/div>\n<\/div>\n
\n
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could still be a strong stock but it’s<\/div>\n<\/div>\n<\/div>\n
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just not the game plan<\/div>\n<\/div>\n<\/div>\n
\n
\n
i was looking to hold through and not<\/div>\n<\/div>\n<\/div>\n
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the risk reward i was planning for<\/div>\n<\/div>\n<\/div>\n
\n
\n
so yeah so that’s how that trade really<\/div>\n<\/div>\n<\/div>\n
\n
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played out for me<\/div>\n<\/div>\n<\/div>\n
\n
\n
um found the slowing in the tape<\/div>\n<\/div>\n<\/div>\n
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alongside the slowing in the tape and<\/div>\n<\/div>\n<\/div>\n
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xpev<\/div>\n<\/div>\n<\/div>\n
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the strength in tesla and the other evs<\/div>\n<\/div>\n<\/div>\n
\n
\n
knowing it’s a hot sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then just using the speed of the<\/div>\n<\/div>\n<\/div>\n
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tape and<\/div>\n<\/div>\n<\/div>\n
\n
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changes in the movement of the tape as<\/div>\n<\/div>\n<\/div>\n
\n
\n
reasons to portion out along the way and<\/div>\n<\/div>\n<\/div>\n
\n
\n
and take profits<\/div>\n<\/div>\n<\/div>\n
\n
\n
so this is what my trade execution chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
looked like<\/div>\n<\/div>\n<\/div>\n
\n
\n
just to put it a little in in one place<\/div>\n<\/div>\n<\/div>\n
\n
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to make it easier to analyze so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see that 50 80 was kind of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
low on the morning that was that area we<\/div>\n<\/div>\n<\/div>\n
\n
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kept trying to break below and got right<\/div>\n<\/div>\n<\/div>\n
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bid back up to<\/div>\n<\/div>\n<\/div>\n
\n
\n
then we got along we sold a little into<\/div>\n<\/div>\n<\/div>\n
\n
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the pre-market high<\/div>\n<\/div>\n<\/div>\n
\n
\n
sell more on new highs new highs<\/div>\n<\/div>\n<\/div>\n
\n
\n
new highs fail and then tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
characteristics really change and we get<\/div>\n<\/div>\n<\/div>\n
\n
\n
a drastic pullback after making a new<\/div>\n<\/div>\n<\/div>\n
\n
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high and failing<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of taking me out out there and this<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the area i highlighted where the ad<\/div>\n<\/div>\n<\/div>\n
\n
\n
could have been<\/div>\n<\/div>\n<\/div>\n
\n
\n
where we get this pullback and clear<\/div>\n<\/div>\n<\/div>\n
\n
\n
hold over the breakout highs the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market highs<\/div>\n<\/div>\n<\/div>\n
\n
\n
and didn’t spend much time down there<\/div>\n<\/div>\n<\/div>\n
\n
\n
either<\/div>\n<\/div>\n<\/div>\n
\n
\n
so big thing to improve pretty much what<\/div>\n<\/div>\n<\/div>\n
\n
\n
i talked about um<\/div>\n<\/div>\n<\/div>\n
\n
\n
the pullback was very traditional in<\/div>\n<\/div>\n<\/div>\n
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\n
terms of<\/div>\n<\/div>\n<\/div>\n
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\n
what i look for and opening drive<\/div>\n<\/div>\n<\/div>\n
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continuations<\/div>\n<\/div>\n<\/div>\n
\n
\n
um it had this nice pattern breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
small dip little cup and handle<\/div>\n<\/div>\n<\/div>\n
\n
\n
upwards um we saw the slowing in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape the volume was much lower in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pullback<\/div>\n<\/div>\n<\/div>\n
\n
\n
there were just a lot of things that<\/div>\n<\/div>\n<\/div>\n
\n
\n
came together that could tell you there<\/div>\n<\/div>\n<\/div>\n
\n
\n
was more upside potential in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
um and then the other big thing to<\/div>\n<\/div>\n<\/div>\n
\n
\n
improve on is just um<\/div>\n<\/div>\n<\/div>\n
\n
\n
in real time noticing how far<\/div>\n<\/div>\n<\/div>\n
\n
\n
this trade could really go and trying to<\/div>\n<\/div>\n<\/div>\n
\n
\n
hold longer before taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
the like second and third portions of my<\/div>\n<\/div>\n<\/div>\n
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\n
profits like maybe<\/div>\n<\/div>\n<\/div>\n
\n
\n
the cell here and here these could have<\/div>\n<\/div>\n<\/div>\n
\n
\n
really just been held till this drastic<\/div>\n<\/div>\n<\/div>\n
\n
\n
change of character<\/div>\n<\/div>\n<\/div>\n
\n
\n
um knowing these evs have had such<\/div>\n<\/div>\n<\/div>\n
\n
\n
outlandish moves and<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’ll remind you what the other evs<\/div>\n<\/div>\n<\/div>\n
\n
\n
looked like on the day<\/div>\n<\/div>\n<\/div>\n
\n
\n
which were also very strong expeve<\/div>\n<\/div>\n<\/div>\n
\n
\n
li giving me really strong conviction<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see after this based<\/div>\n<\/div>\n<\/div>\n
\n
\n
and uh same with tesla so all these<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking very similar on the day and<\/div>\n<\/div>\n<\/div>\n
\n
\n
which one you execute in is can be<\/div>\n<\/div>\n<\/div>\n
\n
\n
preference based off the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock price how it’s moving the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market data<\/div>\n<\/div>\n<\/div>\n
\n
\n
just based off your system but you can<\/div>\n<\/div>\n<\/div>\n
\n
\n
still use all of them in conjunction<\/div>\n<\/div>\n<\/div>\n
\n
\n
regardless<\/div>\n<\/div>\n<\/div>\n
\n
\n
of which one you’re trading hey go ahead<\/div>\n<\/div>\n<\/div>\n
\n
\n
and click our subscribe button so you<\/div>\n<\/div>\n<\/div>\n
\n
\n
don’t miss any of the videos they were<\/div>\n<\/div>\n<\/div>\n
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\n
producing for you<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the trading community and please<\/div>\n<\/div>\n<\/div>\n
\n
\n
take the time to add your feedback<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the comments section for what videos<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’d like for us to produce next<\/div>\n<\/div>\n<\/div>\n
\n
\n
and what you found helpful from this<\/div>\n<\/div>\n<\/div>\n
\n
\n
video from all of us at smb<\/div>\n<\/div>\n<\/div>\n
\n
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train and trade well<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
English (auto-generated)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video, Matt reviews a trade that he took in NIO, a Chinese electric vehicle manufacturer that is well-positioned to capture a sizeable chunk of the Chinese EV market. * no relevant positions<\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-50451","post","type-post","status-publish","format-video","hentry","category-free-daily-trading-video","post_format-post-format-video","no-post-thumbnail"],"yoast_head":"\nOur Response To Electric Vehicles\u2026 | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/our-response-to-electric-vehicles\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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