I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up, to a great resistance area. The news was okay, nothing to erase 4 bad days in the pre market alone. The RSI in the morning read 95ish (heavily over bought) so I pulled the trigger. Worked out very well!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-14 09:30:03 | ORCL | sell | $71.950 | short |
2022-06-14 09:41:35 | ORCL | buy | $69.430 | 0 |
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