I4

Pretty structure forming in PRTS

Long
I4 Aggiornato   
NASDAQ:PRTS   CarParts.com, Inc.
PRTS is forming a nice pullback (on decreasing volume) after a big jump due to their announcement on increasing EV parts. IV has jumped substantially so people are anticipating a big move from here. A jump to the mid to lower twenties is my pt.
Commento:
Looking good so far. There was a big option order for Feb 19 25c today as well.
Commento:
Also note that the last reported short% was 40+. A big break to new highs can trigger some shorts to cover.
Commento:
Selling half of my position here.
Commento:
Sold half again. Going to let this ride with a stop below the 50ma on the 15m timescale.
Trade chiuso: obiettivo raggiunto
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