RIVN pre market went up big on news of Mercedes JV. However, pre market run up and getting lower. After market open, it ran up but stalled at around 36.4. Short the stock. The stock went up to 36.5, and then broke down.
What I did Right: Using pre market as a hint on how the stock would go.
What I did Wrong: Maybe getting in a bit early. Getting out a bit early. Size very small as well.
Trade grade: C.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-09-08 09:49:51 | RIVN | sell | $36.360 | short |
2022-09-08 09:57:25 | RIVN | sell | $36.060 | short |
2022-09-08 09:58:16 | RIVN | buy | $36.080 | short |
2022-09-08 09:59:28 | RIVN | buy | $35.860 | 0 |
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