ABT Trade on Aug 27, 2020 04:04 from TheScalpman: Tradervue User Stock Trades.

POPED 12% premarket on some corona test news.

CHART FROM 30 MARCH

On the 30th of March the same thing happened.
It pumped 20 BILLION cos of a corona test and sold off,

this is a $180 BILLION dollar company
it did not deserve an addition 20 BILLION valuation on maybe a few hundred million of profits,
I WAS 90% sure it was going down,
BUT the market is mental, and its corona news, and anything can happen so i was aware i might be wrong,
but i had a plan and i stook to it,

if it pops look for a short

or if it drops out the gates look to short the 2min candle with a tight stop at HOD

FIRST TRADE was early PM,

It started to look weak and dropped $3 a few mins before the open
that was a big miss not getting in before the open

2nd trade
it started showing weakness in the 4th minute in the area i had marked out so i went short with a tight stop
in hindsight i should have take 400 shares. but overall im happy.

i took a few more shorts on it
TBH im surprised it was so strong, i really expected a bigger fade.
so thank god i didnt get greedy and i took profits and moved stops

At 1.15 it pumped for no reason back into that area, i hesitated and assumed there was news
that was another mistake i should be taking 200 there for another 500 or $600

anyway... next time