Early morning runner after a big pre market gap.
Had a big buying pressure so I took the trade with a tight stop loss.
Added 2 more trades on the flag/pullback setups...good morning this is
Execution detail:
good stuff
LOL, yep right at the bell because of the volume and the gap.
Nicely done, do you play those quick entries very often? Is the criteria simply big gap with huge volume or did the previous days move factor in as well? - Thanks
Steven, thanks but No, I rarely play the first 15-20 minutes of the trading session. This one I kind of came in because it was a momo stock (previous day mover), gapper in the morning, big volume (big green volume bar), so I realized quickly there was not going to be a morning dump. Not an experienced trader, but I did go with my intuition here and pulled the trigger right after the bell.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Wow. Eager Beaver. 1 minute and 49 seconds into the market day. Nicely done