European equities analyst firm Exane BNB Paribas initiated coverage with an Outperform rating on the stock.
The stock surged around 3% after the outperform rating. After the opening drive play, the stock then reversed and broke below the Vwap. The stock tested Vwap 2wice and couldn't break above. I got into the position at 15.35 risking only 0.05 cents per share Stop 15.40(above Vwap. Shortly after, there was a lot of accumulation on the tape at 15.30 for almost 30min. The stock then broke below this level, but I was off my desk slightly at the time to lock in some profit. The stock retested 15.30 and got above it. Then ran up .10 after.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-04-11 12:16:44 | F | sell | $15.350 | short |
2022-04-11 12:27:00 | F | sell | $15.335 | short |
2022-04-11 12:42:35 | F | buy | $15.310 | short |
2022-04-11 13:02:36 | F | buy | $15.300 | short |
2022-04-11 13:07:00 | F | buy | $15.339 | 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!