Strategy: “B” set up – GAP and GO – June 2nd, 2021
Ticker: BCTX – BriaCell Therapeutics Corp
Float: 6.7 million
Volume: 29 million – 9:31am
Catalyst: Positive Cancer Study
Market Con: Flat – SPY and QQQ flat
Pre- Market: jump from $3.17 to $7.72 then consolidating around $6.50’s till open
Open: predicting sell off at the open then reversal to the upside
Side: LONG
Prop Entry: under $6.50 x 500 (1/4 Size)
Actual Entry: $6.43x500@9:31:23
Stop: $6.32 – Mental stop, low of previous candle
Profit Target: $7.00
Issue: None, took profits according to plan.
Outcome: GAP and GO trade went according to plan. After initial profit taking at the open, bought the dip @$6.42 and scaled out into strength as it shot to the upside. Total gross profit of $256.01.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-02 09:31:23 | BCTX | buy | $6.430 | long |
2021-06-02 09:32:11 | BCTX | sell | $6.870 | long |
2021-06-02 09:32:24 | BCTX | sell | $6.950 | long |
2021-06-02 09:32:32 | BCTX | sell | $6.960 | long |
2021-06-02 09:32:52 | BCTX | sell | $7.080 | long |
2021-06-02 09:33:44 | BCTX | sell | $6.850 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
thanks for showing, learning a lot! great narrative