Dip bought the first real panic this stock has had since trending up for a month. In hindsight the panic should have been bigger then 10% to make the "panic dip buy" even stronger. I took my profit and moved on. The real play was a short into the VWAP bounce and play this both ways but Questrade had no shares to short.
Note- The following day EDXC paniced HARD all the way to .31 and bounced to .65! now that was the morning panic I was looking for!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-04-22 12:17:54 | EDXC | buy | $0.6105 | long |
2019-04-22 12:17:56 | EDXC | buy | $0.6106 | long |
2019-04-22 12:17:56 | EDXC | buy | $0.6090 | long |
2019-04-22 12:22:58 | EDXC | sell | $0.6110 | long |
2019-04-22 12:22:59 | EDXC | sell | $0.6110 | long |
2019-04-22 12:29:07 | EDXC | sell | $0.6450 | 0 |
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!