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rebelliouswolf
rebelliouswolf Feb 17, 18 9:04 PM

what was the catalyst for the movement? first green day, news? just curious....

StephenR
StephenR Feb 17, 18 9:42 PM

No catalyst. Stocks don't always need a catalyst to make big intraday moves. Sometimes they just go through a technical breakout. For FTFT it bounced off the 200-day moving average for the last week or so and then showed a lot of strength into the close on 15 Feb. The next day it had a strong opening range breakout which my scanner (EquityFeed) picked up.

rebelliouswolf
rebelliouswolf Feb 17, 18 10:20 PM

i take it you got in on the quick pullback after the opening on the 16th?

StephenR
1
StephenR Feb 17, 18 10:37 PM

Yea, I think I got in this at around 935 or so. Generally, I don't take trades like this since I like the 30m chart but it was a gift.

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