I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw an intraday day RSI oversold signal. I had traded this ticker before and have seen it be very responsive at overbought/oversold levels. It also help that it is a gas stock. I didn't hesitate and pulled the trigger right away with a market order. My fill was terrible but with a little patience and an exit price of anything over $110.50 I felt good. Worked out very well!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-13 11:00:09 | BOIL | buy | $108.340 | long |
2022-06-13 11:23:48 | BOIL | sell | $109.470 | long |
2022-06-13 11:40:45 | BOIL | sell | $111.670 | 0 |
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