Stock has no news, gap up ~20%, RVOL ~ 10(9:11am), Volume made in PM ~2M with Avg V. of 4M, ATR $2.38
1) Stock ha a very very strong openning range, when pullback came in I realized that stock always rebid $27.80 cents area, on 1 min chart made a good pullback, nade a also a HL, I didn't get $27.80 area, when stock broke above $29 I saw it rebidding .30 cents area so I got in 20 shares we broke below $28 I got out
2)NSDK $27.50 ~166K bid was pushing us higher, stock holding $27.60 area and constantly rebid .80 cents I threw bid at .80 cents, stock dropped to $27.50 and took some bids but didn't clear it, I closed the pos, honestly stock was very very whippy, jump up and down so I was "afraid" if .50 cent drop it will drop heavy, but honestly plan its plan, I need to watch .50 cents drop and then get out, had a good lesson
3)Stock reclaim .80 cents ahain and I threw the bid at .83 cents 10 shares- got in and again IDIOT did the same thing, got out at .50 cents before see it losing that .50
4)Stock back to that area again, and I saw the same thing rebid on .80 cents haha threw bids at .84 cents and got in 20 shares, stock went higher and I realized that stock always rebid $28.60 cents area, so I threw the bid at .60 cents, added another 20 shares, stock broke above $30 area I took 20 shares off, honestly saying I shouldn't, I mean, a very heavy openning drive-made move above its ATR, we have a consolidation in time,it was an accumulation phase, it can ru much higher, lesson for me for a the next time, took everithing off at $31.60 area, this is very good play but not a very good execution, but its ok, I learned the lesson.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-04 09:39:39 | BTBT | buy | $28.350 | long |
2021-01-04 09:40:04 | BTBT | sell | $28.000 | 0 |
2021-01-04 09:40:49 | BTBT | buy | $27.820 | long |
2021-01-04 09:42:06 | BTBT | sell | $27.420 | 0 |
2021-01-04 09:42:22 | BTBT | buy | $27.830 | long |
2021-01-04 09:42:41 | BTBT | sell | $27.500 | 0 |
2021-01-04 09:46:45 | BTBT | buy | $27.840 | long |
2021-01-04 09:53:15 | BTBT | buy | $28.620 | long |
2021-01-04 09:54:29 | BTBT | sell | $30.050 | long |
2021-01-04 09:58:19 | BTBT | sell | $31.670 | 0 |
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