I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up. The news was a joke, nothing to justify such a pop in this stock, especially given current market conditions. The morning RSI showed it was RIPE for a short so I pulled the trigger. Worked out very well!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-17 09:30:49 | BABA | sell | $112.140 | short |
2022-06-17 09:33:00 | BABA | buy | $110.180 | 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!