intraday sympathy play.
Stop: 54.10$
R: 4
$SWHC and $RGR popped up on the scanner, strong for the day. Both "defense" names,both similar intraday patterns but $RGR was the weaker one. As soon as $SWHC flushed, I leaned on the offer just below the recent breakout price.
I scaled out quickly because support loomed everywhere. Nice little windfall.
Execution detail:
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Nice trade