Shared by
A-K_MoneyBagz
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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