HOOD — gap-reversal

Summary

It starts with a 5% gap, but it aggressively keeps going down, until it reaches 9% down on a 90 B cap company - that's significant. Getting in 98.7 or like me a little later gives a decent risk reward risking the low of day, but I added after the first consolidation and risking the low of it, around 99.15 and you can sell early into the next spike or wait for the next one with a bit more volume. Taking the second trade had a similar risk reward, but bigger gains. Still optional as the first trade is great in itself.

Reference