This stock spiked late pre-market. There was some news about this stock. The plan was to wait for it to dip lower and buy the pre-market breakout.
However, I decided to buy the break of the open price risking the open.
Entry: $4.58 during a pullback
Risking: $4.44 - ($0.14) looking for a 2:1 RR
Exit: $4.88 - I got my 2:1 profit target and sold.
Happy with this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-15 10:00:01 | ANCN | buy | $4.580 | long |
2020-12-15 10:00:50 | ANCN | sell | $4.880 | 0 |
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