After missing the vwap breakout and the subsequent halt, I made a haphazard attempt at catching the momentum post halt only to get stopped out as I hadn't a solid entry point in mind.
Watching it climb to ~$11 shortly thereafter and then fall to, and bounce off, a price level previously defined as a support/resistance from both premarket and open ($10.39), I felt there lies a great opportunity. I waited a minute to confirm it will in fact hold the support and entered at $10.51 with a price target defined by the high vwap (~$11), of which it hit twice already, and proved to hit once more.
Nice little trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-07-21 09:48:01 | LEXX | buy | $10.120 | long |
2021-07-21 09:48:09 | LEXX | sell | $9.920 | long |
2021-07-21 09:48:09 | LEXX | sell | $9.920 | 0 |
2021-07-21 09:57:13 | LEXX | buy | $10.516 | long |
2021-07-21 09:57:13 | LEXX | buy | $10.516 | long |
2021-07-21 09:58:45 | LEXX | sell | $10.980 | 0 |
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