Todays #1 was YUMA. First thigns first. Checked all my criterias : Volume, Range, News, PRevious Runner, Low float. News was regarding thrid party buying there energy debt..sings letter of intent for restructing. When the bell. it halted immediately. Something I never seen before. The Candle went down then up in less than 1 min and halted. I waited until it unhalted. In the meantime..I saw ABIO #2 starting to move. News regarding Presentation for clinical data, low float, good range, previous runner, etc. When YUMA unhalted I waited till the spread got better and i wanted a clear breakout off the next candle. I could have got in sooner but I rather be safe than sorry..that first halt made me be more cautious.. Got in at 4.02 off the great buying pressure and held. Sold 20% or 1/4 at 4.43 because that was premarket HOD and wanted to take profit..Then i let the other shares ride all the way up to the high 4.99s and then sold 60% of 3/5 at 4.82..then the rest 20% of 1/4 remaining at 4.70. Excellent Trade. #1 did what I knew it would do. Winning streak continues!!!
Grade: A+++
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-09-11 09:39:21 | YUMA | buy | $4.020 | long |
2019-09-11 09:42:30 | YUMA | sell | $4.410 | long |
2019-09-11 09:49:51 | YUMA | sell | $4.820 | long |
2019-09-11 09:54:10 | YUMA | sell | $4.700 | 0 |
Well Done bro, Nice execution.
Excellent trade! The first halt was probably a big market order that someone took advantage of (no no to market orders). Tricky stock that has a history of retreating after gaps. I made a quick scalp and shifted my attention to some yummy AAPL calls.
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nice trade. did not go the same for me. glad you found success. keep the streak alive