Shared by
MIckey_20
- Premarket gainer
- Went in with large amount in hopes for a huge play
- cut huge loss after failed bounce
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-02 09:31:03 | CFVI | buy | $13.500 | long |
| 2021-12-02 09:34:23 | CFVI | buy | $12.838 | long |
| 2021-12-02 09:41:40 | CFVI | sell | $12.200 | 0 |
Comments
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When the stock is high at premarket close to bell 9:30 am , its mostly gonna fail at open. Meaning shorts attacking, people selling taking profits. the best thing to do is wait till all the selling pressure is off and more buyers coming in and look for trend reversal.