Shared by
A-K_MoneyBagz
I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up. There was nothing to justify such a pop in this stock, especially given current market conditions. The news was actually bad but I believe the rally was caused due to how the market performed over the past three weeks. Anyways, 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 |
|---|---|---|---|---|
| 2022-06-21 09:30:13 | TSLA | sell | $679.070 | short |
| 2022-06-21 09:40:46 | TSLA | sell | $690.030 | short |
| 2022-06-22 09:57:00 | TSLA | sell | $726.090 | short |
| 2022-06-23 09:35:49 | TSLA | buy | $703.000 | short |
| 2022-06-23 09:37:48 | TSLA | buy | $697.400 | short |
| 2022-06-24 10:05:30 | TSLA | sell | $735.410 | short |
| 2022-06-24 15:59:00 | TSLA | buy | $735.890 | 0 |
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