Shared by
Markmandy54
Great gap up and buyers hitting the bid premarket, took for a quick +.50, nice way to start the morning.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-06 08:44:08 | SODA | buy | $40.250 | long |
| 2014-02-06 08:45:02 | SODA | sell | $40.780 | 0 |
Comments
Markmandy54
Ya, i just noticed TV doesn't have premarket data. When i get home i'll take a screen shot of what i saw that got me in it.
In regards to seeing when the bid is lifting is typically you'll see the level II dance around and the TOS (Time and Sales) print jump up and down. That 40.20 started to hold and was printing and there were no prints below that for a few seconds. That tells me the demand is drying up as that level is holding and it started to print higher with increased buy blocks coming through, that is why i jumped on it. I hope that explains what i was looking at. If not, shoot me an email markmandy54@gmail.com so i can hopefully better explain it.
Couldn't get the TOS and Level II that far back but here's a screen shot.
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I don't see the entries on your intraday charts but there is nothing wrong with a 50cent win lol When you say buyers hit the bid premarket, what do you take out of this? How is this helpful?