Shared by
JaeLuck
KALA
low float huge volume. wide spread.
DAY1 low float and hot. is no reason to short. coz u didnt know where is the top.
on this trade i hv no plan at all. just feel trend strong and go LONG. take a small bite.
the reason is i shound not short DAY1 stock. and just watch DAY1 stock move wait next day. i broke the rule.
just got lucky.
no reason should be happy.
as this pattern. huge spike at the open and drop down above VWAP with zombie hour. thats should be watched.
that maybe could hv zombie bunce. low float / hot / DAY1 / NEWS. the truth is haly up 3times at ran to $17.
crazy move.
if i can read that should be a thousand profit trade. no doubt. but my level is not deserve right now.
the right way is let the stock run up and wait the first bounce. around $8.5 take a 40c move.
trade no plan
miss bigger profit
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-12-28 09:31:14 | KALA | buy | $6.350 | long |
| 2022-12-28 09:32:43 | KALA | sell | $6.500 | long |
| 2022-12-28 09:33:25 | KALA | sell | $6.650 | long |
| 2022-12-28 09:34:18 | KALA | sell | $6.700 | 0 |
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