$62 Profit
MDCALong Stock
Jershaw

Premarket gapper, up on fluff news. watched the first 15 minutes of the open. It looked to hold above the 38.2 fib level which is just above a support level at 2.25-2.30 area. Entered half size when vwap was pierced. Stop loss was 2.50 area. Got full size when volume confirmed momentum and held above 2.50. Set a sell order @ 2.79 just below the opening high. Lucky I got executed right at the top. Volume faded and this ticker faded out the rest of the day.

000

DatePrice
Entry6/26/20202.61
Exit6/26/20202.79
  • Total Views56
  • Position Size460
  • Percentage6.9%
Proof
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