Had good earnings and was expecting a good reaction after the APHA market reaction due to their beat. ACB traded up 50c in the PM (almost double its ATR) and trended up higher after the open to 7.20. I tried to long it on the bounce at 6.89 but I noticed lots of selling on the tape at the 7 level so I sold early at 6.96 and it proceeded to trade down to 6.60.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-08-06 09:55:17 | ACB | buy | $6.890 | long |
2019-08-06 10:00:48 | ACB | sell | $6.965 | 0 |
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