UPC Trade on Apr 1, 2021 09:48 from JustAPenguin: Tradervue User Stock Trades.

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JustAPenguin

 

Stock Pick
always play a level zero game
-a pharma company with post-IPO volatility
-gap up from $4 to $7.1

Strategy
-strong rejection after the limit up for good short entry
-target price at Fibonacci retracement 38.2% at $5.4

Execution
-slow to exit in second trade
-presence of double bottom formation around 10.30 with higher high at 10.45 retard the downward momentum
-possible profit of $220 instead of %75 (34% efficiency)


Execution detail:

Date/time Symbol Side Price Position
2021-04-01 09:48:03 UPC sell $6.550 short
2021-04-01 09:57:03 UPC buy $6.178 0
2021-04-01 09:59:17 UPC sell $6.170 short
2021-04-01 10:06:00 UPC buy $6.596 0
2021-04-01 10:14:01 UPC sell $6.300 short
2021-04-01 10:51:15 UPC buy $6.100 0
2021-04-01 10:52:52 UPC sell $6.030 short
2021-04-01 11:11:06 UPC buy $5.800 0


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