MRIN Trade on Jan 7, 2022 07:00 from BanalityOfEvil: Tradervue User Stock Trades.

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BanalityOfEvil

 

MRIN – Premarket feeler, trying to build core for the opening drive – (21.02)

Stock gapped up to 5 after hours and held 4.25 after news hit in afterhours
yesterday news released after hours. positive software integration news with AMZN, MRIN is a digital marketing company and has a history of going parabolic.

unlikely to go parabolic today on this news given the extreme market weakness, however may provide some momentum up to 6 dollars.

If Spy gets below 465 today I may not take any longs. Could end up just scalping SQQQ.

Chart has been grinding down since September, but short interest is only 7%, could be a little choppy, but may offer a good trade if can reclaim 5. Could go to 8.

Resistance @ 5, 6, 7.50

Has gone parabolic in the past

@7ET scaled into 150 shares FEELER as some volume started coming in, this is probably mostly retail volume
@7:05 testing vwap @ 4.50
I do not want to get big in this until it is over 5
Holding 150 shares with price average of 4.37 stop @ 4.15
@ 7:15 volume is very light
@7:41 thinking of just cutting, it is not reclaiming as fast as I like, and I am trying to hold for shorter amounts of time
@7:41 cut for tiny loss

image


Execution detail:

Date/time Symbol Side Price Position
2022-01-07 07:00:00 MRIN buy $4.300 long
2022-01-07 07:00:59 MRIN buy $4.410 long
2022-01-07 07:01:57 MRIN buy $4.400 long
2022-01-07 07:01:57 MRIN buy $4.400 long
2022-01-07 07:41:53 MRIN sell $4.230 0


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