Why? gap up with warrants on deck, assuming push to just below as per mike notes
tech gap up+bounce short
Entry, target, stop: pmh clear, or lower high. 50/50 retrace and eod
Risk/Size: up to 3R
Prev Res: 7.0, 9.50
FL 1.2m
INSD % n/a
INST % n/a
SH FL % n/a
Dilution: cash need, 1.7m W@10
Borrows:
reason for entry: hod cleared, fail below pmh&vwap
reason for exit: above sup @ 6.0 and final piece anticipated closing squeeze like we've seen recently
strategy used - see tags
exit eff: to plan
could have added size? failed push back to vwap, didn't have BP to add
mistakes & corrective actions: late entry, hod clear would have been better
perfect trade would have looked like: hod clear enter, cover all at 50retrace
result +1.4R
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-12-29 10:18:20 | ADTX | sell | $7.240 | short |
2023-12-29 10:28:39 | ADTX | sell | $6.950 | short |
2023-12-29 10:58:14 | ADTX | buy | $6.830 | short |
2023-12-29 11:12:09 | ADTX | sell | $6.730 | short |
2023-12-29 11:44:33 | ADTX | buy | $6.190 | short |
2023-12-29 12:28:25 | ADTX | sell | $6.200 | short |
2023-12-29 13:57:49 | ADTX | buy | $6.770 | short |
2023-12-29 14:13:05 | ADTX | sell | $6.360 | short |
2023-12-29 14:37:05 | ADTX | buy | $6.169 | short |
2023-12-29 15:29:10 | ADTX | buy | $6.830 | 0 |
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