NVAX Trade on Dec 22, 2021 16:09 from JRockTrades: Tradervue User Stock Trades.

I watched the Winning Trader lecture on price spikes yesterday and when NVAX did some crazy moves in the afterhours, I decided to try with a very small position.

There was some news in NVAX and it popped before selling hard down to 168.21. I was watching the tape and it retraced to 170 and stalled for a second. I took a small position with a stop below the low at 168. My idea was that there should be some kind of mean reversion. I am not qualified to say what the price should be, but when something moves points this quick I just wanted to try a scalp to get a couple points myself.

When the trade started to work I put up offers to sell half just ahead of 175 and then the other half when price action stalled and it wasn't clear which direction was going to be next. Out of nowhere, one good trade.