I made out good on this late day scalp/trade scaling out into the move. My entry was very good. I only wish I had more trades available then I most likely would've traded this stock differently in a sense that I would've more held a core position when the stock slowed instead of selling all. I deff had the right idea that the two levels, "middays lull intraday resistance($2.94) and the HOD($3.30)" would be taken out for a potential run to $4 and beyond due to all eyes being on this stock early on. The midday lulls support of $2.60's held and then started to hold higher lows going into the close more confirming another potential run. Honestly, any professional trader may have/shouldve had this on alert. If I had more trades I would've re-added to pull backs and then scaling out until the close. There was no apparent news or release on $SBEV today but on Tuesday 1/11/22, the company announced that it received authorization to sell its Tapout performance drink in Florida, beginning w. 47 Walmart stores located in Major Metropolitan regions.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-14 15:26:31 | SBEV | buy | $3.150 | long |
2022-01-14 15:26:57 | SBEV | sell | $3.180 | long |
2022-01-14 15:27:19 | SBEV | sell | $3.283 | long |
2022-01-14 15:27:23 | SBEV | sell | $3.350 | long |
2022-01-14 15:27:28 | SBEV | sell | $3.401 | long |
2022-01-14 15:27:39 | SBEV | sell | $3.475 | long |
2022-01-14 15:27:44 | SBEV | sell | $3.380 | 0 |
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