RUM - Episodic Pivot - 2024-12-23

RUM Trade Summary

Performance metrics and trade details for RUM breakout.

Stage
Catalyst
Risk
None%
Gain %
58.0%
Trade Duration
0 days
Market Condition
Choppy
Market Cap
$NoneB
Shares Float
NoneM
Entry
OPH
Stop
LoD
Exit
Signs of Weakness
About

On December 23rd, news of a $775M strategic investment from Tether sent RUM soaring 40% at the open.

After a quick shakeout, an entry using the 1-minute ORH with LoD as stop (6.3% risk) was possible. With an ADR of 10%, the trade yielded a 26% gain by close or 58% by Day 3 before selling off.

Intraday Entry

RUM - Episodic Pivot - 2024-12-23 intraday entry

After Breakout

RUM - Episodic Pivot - 2024-12-23 after breakout