Went Long on RPRX at the open, this is a second day play. Yesterday it went from $1 all the way up to $2.30. So I know a lot of eyes will be on it (Volume). This started moving once premarket opened. the high was 2.80’s and ended up pulling back to Yesterdays close. It started to grind up as we got closer to the open. Once the bell rang with in 5 minutes it retested the premakret high before pulling back and holding a higher lower at the 2.60’s.
I wanted to see it get through and hold the $2.70’s before going long. I got in at $2.74 with 500 shares and sold at 3.23.
2 Minute Chart
Daily Chart