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 massive 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 14:31:58 | MSTR | sell | $215.510 | short |
| 2022-07-08 09:30:13 | MSTR | buy | $213.250 | 0 |
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