I've been looking at larger caps today since low float market sucks at the moment and overall market sentiment is very red.
TUP (48M float) was looking strong after earnings so I made a Gap&Go play at the open, breaking the PM high as well as the high from 22 September.
As the stock started surging I took half position profits and in the next 1m candle it still looked strong so I re-added on the break of the 1m ORB. Took more profits and missed the top in the third minute and got out before it could roll over.
Good start of the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-28 09:30:11 | TUP | buy | $27.540 | long |
2020-10-28 09:30:26 | TUP | sell | $28.150 | long |
2020-10-28 09:31:03 | TUP | buy | $28.470 | long |
2020-10-28 09:31:23 | TUP | sell | $28.780 | long |
2020-10-28 09:31:23 | TUP | sell | $28.780 | long |
2020-10-28 09:33:03 | TUP | sell | $29.160 | 0 |
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