Gapper: Nice clean daily chart (I think the day before). There were 2 horizontal red lines on the daily that I didn't understand. Figured this would go up. Had low float (32mil) and decent volume but I'm not sure which Volume I was supposed to be looking at on FinViz. It said Ave. vol 811K and Volume 5.8 mil.
I guess I was looking for big moves on this stock intraday since it was a gapper. I'm not too familiar seeing stocks just grind up steadily whole day. I guess for these stocks its best to hold them whole day as they most likely will just continue going up since it was holding above the 9EMA so well.
My chart scale was also off for this, too stretched horizontally or maybe I just want to see big vertical moves. I also was flipping between the 5min and 1 min chart but instead I should have probably looked at the 15 min chart if I wanted a broader perspective. Didn't occur to me then. I was try on to see all the small moves to help me get more detail when this stock called for a bigger picture view.
Made a gain! Happy about that.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-30 10:30:50 | YRCW | buy | $16.940 | long |
2015-10-30 11:39:58 | YRCW | sell | $17.220 | 0 |
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