WKHS was breaking yesterdays highs pre-market, the rel vol was still pumped from the initial news catalyst last week. Today there was mixed news but a price target was raised on the stock.
The break of the technical level and the large pre-market volume were the main reasons to trade it. The volume profile was good (decreasing volume into the pull backs, increasing volume into the runs). Normal riding the bands setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-02 09:48:14 | WKHS | buy | $22.150 | long |
2020-07-02 09:50:25 | WKHS | sell | $22.520 | 0 |
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Nice scalp