ATER Trade on Aug 30, 2021 04:00 from blackie_trades: Tradervue User Stock Trades.

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blackie_trades

 

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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