Shared by
SpecTraderJMC
Light volume, small trade premarket. Thought we'd get some continuation and break $8.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-14 08:32:27 | IHT | buy | $7.860 | long |
| 2021-05-14 08:32:29 | IHT | buy | $7.860 | long |
| 2021-05-14 08:32:29 | IHT | buy | $7.860 | long |
| 2021-05-14 08:32:29 | IHT | buy | $7.860 | long |
| 2021-05-14 08:32:31 | IHT | buy | $7.850 | long |
| 2021-05-14 08:32:36 | IHT | buy | $7.820 | long |
| 2021-05-14 08:32:36 | IHT | buy | $7.820 | long |
| 2021-05-14 08:33:08 | IHT | buy | $7.830 | long |
| 2021-05-14 08:33:15 | IHT | buy | $7.830 | long |
| 2021-05-14 08:33:16 | IHT | buy | $7.830 | long |
| 2021-05-14 08:34:48 | IHT | sell | $7.990 | long |
| 2021-05-14 08:34:50 | IHT | sell | $7.990 | long |
| 2021-05-14 08:34:51 | IHT | sell | $8.000 | long |
| 2021-05-14 08:34:51 | IHT | sell | $8.000 | long |
| 2021-05-14 08:34:51 | IHT | sell | $8.000 | long |
| 2021-05-14 08:34:52 | IHT | sell | $8.000 | long |
| 2021-05-14 08:34:52 | IHT | sell | $8.010 | long |
| 2021-05-14 08:34:53 | IHT | sell | $8.010 | long |
| 2021-05-14 08:34:53 | IHT | sell | $8.020 | 0 |
Comments
SpecTraderJMC
2021-05-15 09:39:06
Took one trade on this PM and fooled around with MOSY before calling it a day. Haven't looked at the chart, but it looks like it hit support and bounce off VWAP a few times before selling off. I think this was the third of forth day of IHT being in play and it's a Friday. Good call to be short bias. It's a reopening play and very low float. If it continues to show strength next week and breaks the $8.50-8.60 level there's room to $10.25 or so.
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Did you see the reversal later in the day where the stock fought back from low 6's all the back to 8 bucks? wow. I will be looking for this to push again on Monday. Not sure if it will reach 8 hope it does, but will be watching for the fail and plan to short it when it goes.