SFIX - Episodic Pivot - 2024-12-11

SFIX reported strong earnings on December 10, 2024, leading to a 25% gap-up at the open the next day.

An entry after buyers took control using the 1-minute VWAP and an exit after a 20% intraday gain proved effective.

In hindsight, holding longer wouldn’t have been ideal, as the stock gapped down on Day 2 and never recovered.