AMC had a big day yesterday and had a lot of volume, we expected the trend to continue today.
I took a starting position for a 1-min ORB, my entry was good but the candle dropped, i bought the dip and held while it tested previous day close, and luckily it rebounded. I took partials my break even point, and my original entry. a little early, but at decent levels.
In hindsight, if you see a stock approaching previous day close, way for it to test it then enter your trade. Previous day close decides where the stock wants to move compared to yesterday. This stock was really bouncing off the Camarilla points.
Execution detail:
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