Shared by
efernandes
MDB yesterday.
HEavily shorted b/c of a pump.
Opened red but spiked RG right away.
It was consolidatng at the breakout level.
Bought the breakout out of the consolidation level.
Didnt think it could go much higher b/c it basically came up from 1.8 up to 2.1.
Sold close to the top of that spike.
Consolidated more before having a false breakdown near VWAP and spiked more, didnt not participate in that b/c i felt it was too extended and thought it needed to consolidate more.
IT ended up having 2 nice spikes after i left it alone.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-09-24 09:46:00 | CEI | buy | $2.004 | long |
| 2021-09-24 09:47:00 | CEI | sell | $2.071 | long |
| 2021-09-24 09:49:00 | CEI | sell | $2.080 | long |
| 2021-09-24 09:51:00 | CEI | sell | $2.070 | 0 |
Comments
efernandes
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Very nice Dip buy. There was good follow through from CEI, and you got the bulk of the move up. awesome trade.