I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap down. They cut their guidance for the 2nd time in two weeks and people over-reacted. The morning RSI showed it was RIPE for a buy so I pulled the trigger. I did have to wait until early the next morning to exit but... it worked out very well!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-30 09:37:23 | RH | buy | $209.970 | long |
2022-07-01 09:42:01 | RH | sell | $215.800 | 0 |
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