Shared by
A-K_MoneyBagz
I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up, after an already impressive run up and decided to short at the $112 resistance area. The RSI in the morning read 95 (heavily over bought) so I pulled the trigger. Worked out very well!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-03 09:30:58 | OKTA | sell | $109.510 | short |
| 2022-06-03 09:43:23 | OKTA | buy | $104.910 | short |
| 2022-06-03 10:52:18 | OKTA | buy | $102.500 | 0 |
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I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up, after an already impressive run up and decided to short at the $112 resistance area. The RSI in the morning read 95 (heavily over bought) so I pulled the trigger. Worked out very well!