Gapped up in PM on news.
Ended up dropping at the open but doublebottomed at RG and spiked through VWAP.
When it dipped below VWAP and ended up holding above, i thoguth it would make a run.
Ended up having a lot of selling pressure at the breakout and got stuffed.
Ended up working later in the afternoon.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-08 10:06:00 | SBEV | buy | $4.765 | long |
2022-02-08 10:22:00 | SBEV | sell | $4.510 | 0 |
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