I noticed ATER closer strong. Due to it having a relatively low float and high short interest rate, I believe it would squeeze some more on Monday. The general saying is that when a stock closes strong on Friday, it will be stong on the open in Monday.
I capitalized this by putting a limit buy order at the price level of the close of the day before ($7.40). When the market opened, I got filled at $7.29 which squeeze all the way up to $8.00. I closed my scalp at $7.78. $0.49 profit per share is quite nice for a scalp like this as these morning spikes tend to be short lived.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-08-30 04:00:02 | ATER | buy | $7.290 | long |
2021-08-30 04:02:30 | ATER | sell | $7.780 | 0 |
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