BKKT – PREMARKET BREAKING NEWS SCALP CORE BUILDER – (17.01)
BAKKT SELECTED BY NEXO TO SECURELY CUSTODY BITCOIN, ETHEREUMBAKKT HOLDINGS, INC. (NYSE:BKKT), A TRUSTED DIGITAL ASSET PLATFORM THAT ENABLES CONSUMERS TO BUY, SELL, SEND AND SPEND A RANGE OF DIGITAL ASSETS, TODAY ANNOUNCED A PARTNERSHIP WITH LEADING REGULATED DIGITAL ASSETS
Saw BKKT getting volume just over 1million shares after 7am in premarket. Breaking out above 5.50 level. Symbol had fresh news and a lowish float 40million shares. I did not love the news headline but figured this one may go to 8 today if volume poured in (see daily chart for R&S @ $6.50 & $8). My plan was to build into size up to 1000 shares for the break off 6.50 on the opening drive… longshot trade.
@ 7:22 got long 100 share feeler on pullback under 6. This pullback was not super clean and had no respect for vwap. I had no intention of adding to this unless it got back over 6.
@7:39 stock had pulled back, and volume had evaporated. No reason to continue holding this. Cut the trade. Symbol continued lower
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-19 07:22:10 | BKKT | buy | $5.900 | long |
2022-01-19 07:40:03 | BKKT | sell | $5.750 | long |
2022-01-19 07:40:23 | BKKT | sell | $5.710 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!