$18 Profit
XXIILong Stock

This low float contract winner spiked on contract news in AH/PM, creating HOD at 3.50 (half dollar) and then gave up all of its gains in PM. Failed BO over 2.25 in the morning. Looks like price action that lured in a lot of shorts. Setup: Fri afternoon short squeeze over HOD. Not a setup I usually trade, but gave it a go with small size as these have been working well lately and had a lot of factors lining up. Going for quick single but actually got more than I wanted.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 4/5/2024 | 3.50 |
| Exit | 4/5/2024 | 3.85 |
- Total Views174
- Position Size50
- Percentage10%
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