UMRX has gone from .60 on Monday to all time high today at $4.50. I was familiar with this stock as I traded it earlier this week as well, so I already had my price targets drawn out... I knew once it passed $2.00 it would go for a run and the expectation was that it would run to $4.50 which is exactly where I stopped out. I was in this trade for only a couple seconds and closed P/L $189.00 and called it a day at 7:05 EST.
Today marks 6 Green Days in a row and 8 Green trades!
Very short video if this trade was captured and you can review this on YouTube. Please subscribe and sign up for my daily live stream.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-10 07:05:56 | UMRX | buy | $3.870 | long |
2020-07-10 07:06:46 | UMRX | sell | $4.500 | 0 |
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