I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up. This was due to jubilant news on semiconductor policy and strong demand. This created a great buy opportunity. The hourly 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 |
---|---|---|---|---|
2022-07-21 15:55:03 | ASML | sell | $542.170 | short |
2022-07-22 11:16:52 | ASML | buy | $536.970 | 0 |
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