This stock was on it's third day up. This is the first big red flag because short biased traders will start trying to short it at this level near its highs.
That is exactly what I did. The stock reversed and I bought at the high but then got rejected hard.
I bought on a pull back except it dropped heaps more.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-12 10:01:02 | RICE | buy | $17.680 | long |
2021-04-12 10:26:40 | RICE | sell | $16.510 | 0 |
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