Gap down on PR. I thought it seemed like a huge over-reaction.
$102 is a level and it was opening just above that level.
Market with a common gap down, which usually gets filled. Anticipating this giving the large gap a good shot for a quick rebound.
Planned on trading at the open as soon as I saw strength.
Entered at open.
Added when $103 seemed to be holding; Market also working higher as anticipated.
Quick fizzle immediately, stopped at LOD.
Bought again, new trade, adding into $101 with extension.
Got a 1:1 then another then added back small and sold a few times. Really didn't want to bounce. No adds after 2nd failed attempt to bounce.
Flat trade.
Execution detail:
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