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 a positive press release before earnings. This created a great short 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 10:18:00 | SMCI | sell | $53.000 | short |
2022-07-21 10:35:47 | SMCI | buy | $51.650 | 0 |
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