I was trying a reversal trade on this. The bottom of the yesterday was $10 and it looks like it reversed around that area. This would have been a scalp trade. I set a tight stop. I think the reversal only works if it is in a hot sector. I had seen some of the EV plays reverse on the day's low.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-01 14:42:02 | ACB | buy | $10.170 | long |
2020-12-01 14:48:39 | ACB | sell | $10.100 | 0 |
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