KRYS Trade on Nov 29, 2021 08:55 from TheFrenchTrader: Tradervue User Stock Trades.

Pre market short with a small size for this well overextended stock following phase 3 results. The float was small at 16M shares and even though it was the top gapper with decent volume, liquidity was not great.

There was a large spread and while i was decided to risk only $100, it went beyond that in pre market, but i was confident the price would come back down to $89 level and eventually to $85.

I took 80% of profit at the $89 level and kept 20% for the run to $85... I had placed my adjusted stop above VWAP for the remaining of the position. While this was a mental stop it was difficult to control due to the large spread and my limit was when the price would break above VWAP.

My entry was not optimum and could have been improve with short starting above $100.