PIK Trade on Jan 12, 2022 07:19 from BanalityOfEvil: Tradervue User Stock Trades.

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BanalityOfEvil

 

PIK – PREMARKET SCALP – (75)

nonsense news article from yesterday but stock is leading gapper this morning... seeing a lot of irrational movements the past few days, decided to take a small trade on this.

"KIDPIK SHARES ARE TRADING HIGHER. POPULAR TWITTER ACCOUNT ZACK MORRIS TWEETED '$PIK BELONGS IN THE INDEX UNDER 1 MIL FLOAT 300K MAYBE."

Pik gapping up after hours and holding 7.50 in premarket, thought about getting in on this base level of strength but resisted; wanting to wait for a good stock to trade…. This was the leading gapper, could have put at least feeler size on at 7.50. If gets above 8.50 could be explosive.

@7:15 symbol moved strongly back to 8.20 premarket resistance, major resistance @ 8.50, waited for pullback and started scaling in for the break of 8.50, 150 shares

@7:16 stock flushed back to 7.50, lightened up position, will be all out below 7.50, float is too low to play games

@7:36 broke 7.50, flat for small loss

LAME LOW CONVICTION TRADE... NO REAL CATALYST

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Execution detail:

Date/time Symbol Side Price Position
2022-01-12 07:19:16 PIK buy $7.940 long
2022-01-12 07:19:19 PIK buy $7.970 long
2022-01-12 07:19:51 PIK buy $8.040 long
2022-01-12 07:20:00 PIK buy $8.080 long
2022-01-12 07:26:09 PIK sell $7.560 long
2022-01-12 07:34:49 PIK sell $7.510 0


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