3.61R. This is a new setup I'm finding has been working in a lot of stocks on earnings. Either on a gap up or gap down, the stock finds strong support at the daily 200sma. NYT came within 0.06 of it's 200sma. I entered after it proved support at that level, with a stop below the whole number of 46. Scaled out as the trade worked.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-08-04 09:47:53 | NYT | buy | $46.340 | long |
2021-08-04 09:51:50 | NYT | sell | $46.960 | long |
2021-08-04 09:57:20 | NYT | sell | $47.520 | long |
2021-08-04 10:10:47 | NYT | sell | $48.150 | long |
2021-08-04 10:32:23 | NYT | sell | $48.500 | long |
2021-08-04 11:11:08 | NYT | sell | $47.650 | 0 |
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