Didnt like it when it ran in PM.
However, when it held support multiple times, I was interested.
I tried getting in when it crossed VWAP but i wanted to give it some wiggle room so I placed an order higher.
The stock spiked so fast that I got filled at the highs rather than near VWAP.
It immediately stuffed but ended up holding support.
I didnt add b/c I was already full size.
I started to see the squeeze potential.
However, I started to get scared looking at the resistance level from previous days so I sold a lot into that resistance level.
Ended up holding few for a bigger move but again, I felt like MDB resistance would hold or not really give too much room so I sold early.
Stock ended up squeeze far more than I could have imagined. Left so much on the table.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-26 10:16:00 | PGY | buy | $11.800 | long |
2022-07-26 10:52:00 | PGY | sell | $12.540 | long |
2022-07-26 10:52:00 | PGY | sell | $12.700 | long |
2022-07-26 10:54:00 | PGY | sell | $12.944 | long |
2022-07-26 11:22:00 | PGY | sell | $13.229 | long |
2022-07-26 11:53:00 | PGY | sell | $15.180 | 0 |
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very nice trade!