I was looking for the Gap & Gap to break the previous days high. Longed 16K shares x .3414 @ 9:22 to give it some room for the push, and allow myself an easy exit if there was a double top at .35. Minor shuffle action the first minute at the open, but once we broke through .35 with the 1M volume, added another 12K shares x .3513 long.
Halt drop was wicked, I thought the $1 break was on. Sold into the first pop post halt at .75
Good trade
New Notes After Webinar - With ADPTQ leading the pack after its pivotal downfall and retracement, I knew traders were going to be looking into this quick opportunity. I've been hesitant recently to get in trades right at the open, but this just fit all the right conditions so quickly it was very obvious to me it could be a good runner.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-05-04 09:22:48 | FNBC | buy | $0.3414 | long |
2017-05-04 09:31:55 | FNBC | buy | $0.3513 | long |
2017-05-04 10:36:35 | FNBC | sell | $0.7453 | 0 |
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