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Jun 10, 2022 09:31

I am an RSI reversion to mean trader. I usually day trade, but this one ended up being a weekend holder. So for this trade I simply saw a gap up, after rare good news out of China which prompted my short factory. It was at a decent resistance point of $110, coupled with a morning RSI of over 90 (heavily over bought) so I pulled the trigger. I had to wait until a Monday exit buuut, it still worked out very well!

Execution detail:

Date/time Symbol Side Price Position
2022-06-10 09:31:12 NTES sell $108.140 short
2022-06-13 09:33:21 NTES buy $103.500 0

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