I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a 3 day run up in the stock into some resistance. The end of the week was coming and the RSI at the end of the day was very high so I took an overnight short position. The morning gap down happened like a charm and I was able to get out within minutes of the market open. Worked out very well!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-07 13:45:09 | GOOG | sell | $2381.120 | short |
2022-07-08 09:30:02 | GOOG | buy | $2356.630 | 0 |
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