Shared by
metp2202
Tags:
Raw momentum
Day 3 of the move, KPLT was making a fail follow through setup over the previous day's high and I found a nice RR entry at 6.61 looking for a mean reversion trade below vwap. I got short 6 k shares at 6.52 after we failed 3 times to get back above 6.7. I started covering below vwap into 6.4-6.3. I was not looking for a move much lower, I wanted to reassess and get back in if I see more weakness coming in. Good read and nice trade.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-09-03 11:14:49 | KPLT | -100 | $6.610 | -100 |
| 2021-09-03 11:15:01 | KPLT | -500 | $6.610 | -600 |
| 2021-09-03 11:15:02 | KPLT | -500 | $6.610 | -1100 |
| 2021-09-03 11:15:02 | KPLT | -500 | $6.610 | -1600 |
| 2021-09-03 11:15:02 | KPLT | -400 | $6.610 | -2000 |
| 2021-09-03 11:15:18 | KPLT | -2000 | $6.580 | -4000 |
| 2021-09-03 11:15:20 | KPLT | -2000 | $6.522 | -6000 |
| 2021-09-03 11:16:36 | KPLT | 200 | $6.420 | -5800 |
| 2021-09-03 11:16:36 | KPLT | 200 | $6.430 | -5600 |
| 2021-09-03 11:16:39 | KPLT | 200 | $6.390 | -5400 |
| 2021-09-03 11:16:57 | KPLT | 200 | $6.400 | -5200 |
| 2021-09-03 11:17:01 | KPLT | 200 | $6.360 | -5000 |
| 2021-09-03 11:17:01 | KPLT | 200 | $6.369 | -4800 |
| 2021-09-03 11:17:37 | KPLT | 200 | $6.380 | -4600 |
| 2021-09-03 11:17:37 | KPLT | 200 | $6.379 | -4400 |
| 2021-09-03 11:17:53 | KPLT | 200 | $6.290 | -4200 |
| 2021-09-03 11:17:55 | KPLT | 200 | $6.300 | -4000 |
| 2021-09-03 11:17:55 | KPLT | 200 | $6.290 | -3800 |
| 2021-09-03 11:17:55 | KPLT | 200 | $6.300 | -3600 |
| 2021-09-03 11:18:35 | KPLT | 200 | $6.330 | -3400 |
| 2021-09-03 11:18:36 | KPLT | 200 | $6.328 | -3200 |
| 2021-09-03 11:18:38 | KPLT | 200 | $6.340 | -3000 |
| 2021-09-03 11:18:38 | KPLT | 200 | $6.320 | -2800 |
| 2021-09-03 11:19:26 | KPLT | 200 | $6.260 | -2600 |
| 2021-09-03 11:19:32 | KPLT | 200 | $6.260 | -2400 |
| 2021-09-03 11:19:53 | KPLT | 200 | $6.260 | -2200 |
| 2021-09-03 11:20:12 | KPLT | 15 | $6.220 | -2185 |
| 2021-09-03 11:20:17 | KPLT | 78 | $6.220 | -2107 |
| 2021-09-03 11:20:26 | KPLT | 100 | $6.250 | -2007 |
| 2021-09-03 11:20:26 | KPLT | 100 | $6.250 | -1907 |
| 2021-09-03 11:20:26 | KPLT | 200 | $6.249 | -1707 |
| 2021-09-03 11:21:00 | KPLT | 200 | $6.210 | -1507 |
| 2021-09-03 11:21:02 | KPLT | 200 | $6.180 | -1307 |
| 2021-09-03 11:21:02 | KPLT | 200 | $6.200 | -1107 |
| 2021-09-03 11:21:03 | KPLT | 100 | $6.170 | -1007 |
| 2021-09-03 11:21:10 | KPLT | 200 | $6.180 | -807 |
| 2021-09-03 11:21:12 | KPLT | 100 | $6.170 | -707 |
| 2021-09-03 11:21:34 | KPLT | 707 | $6.219 | 0 |
Comments
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very nice move.