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Jun 26, 2020 07:10


Premarket gapper, up on fluff news. watched the first 15 minutes of the open. It looked to hold above the 38.2 fib level which is just above a support level at 2.25-2.30 area. Entered half size when vwap was pierced. Stop loss was 2.50 area. Got full size when volume confirmed momentum and held above 2.50. Set a sell order @ 2.79 just below the opening high. Lucky I got executed right at the top. Volume faded and this ticker faded out the rest of the day.

3Min Chart

Execution detail:

Date/time Symbol Side Price Position
2020-06-26 07:10:32 MDCA buy $2.610 long
2020-06-26 07:10:32 MDCA buy $2.610 long
2020-06-26 07:14:41 MDCA buy $2.700 long
2020-06-26 07:17:10 MDCA sell $2.790 0

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