XPEV daily chart looks really good here. Flag breakout, gapped up 4.5%
was looking for a setup to form around 49 which was premarket high.
right a the open volume started pouring in and the tape was speeding up. so i got long on the momentum burst into 49
it pushed pretty fast in the first bar so i sold half into the spike and let it settle and hold a bit, then sold the last half into the next push of that same candle. i didnt want to be a part of the quick pullback i thought would follow in the next few bars. After this i could look for another entry to get back in for a bigger move potentially.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-11-01 09:31:17 | XPEV | buy | $48.960 | long |
2021-11-01 09:31:27 | XPEV | sell | $49.300 | long |
2021-11-01 09:31:34 | XPEV | sell | $49.470 | 0 |
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