HSAI - Episodic Pivot - 2025-03-11
HSAI Trade Summary
Performance metrics and trade details for HSAI breakout.
- Stage
- 2
- Catalyst
- Earnings Report
- Risk
- 5.0%
- Gain %
- 17.0%
- Market Condition
- Choppy
- Entry
- OPB
- Stop
- LoD
- Exit
- Reached Target
- Reward Risk Ratio
- 3.4R
- About
In a choppy downtrend market, a group of China stocks showed strong relative strength in February and March 2025. Hesai Group ($HSAI) reported earnings on March 10, 2025, with triple-digit earnings growth.
The next day, news broke that Mercedes would integrate Hesai’s LiDAR technology into its vehicles, triggering massive buying interest.
The stock gapped up 16% at the open. A solid entry appeared when the stock broke above the first-minute open range high (ORH). Using the low of the first-minute bar as a stop loss resulted in a manageable 5.4% risk—half of this high-beta stock’s 10% ADR.
The stock maintained strong momentum, and by midday on March 11, the trade had delivered a 17% gain.
Intraday Entry
Market Correlation Analysis for HSAI
Top Similar Tickers
Stocks that move in the same direction as HSAI
| Rank | Ticker | Score |
|---|---|---|
| No similar stocks found in the current universe. | ||
Top Inverse Tickers
Stocks that move opposite to HSAI
| Rank | Ticker | Score |
|---|---|---|
| No inverse stocks found in the current universe. | ||