OGI Trade on May 24, 2019 10:39 from Marius: Tradervue User Stock Trades.

Friday before Monday Holiday. Lower volume, SPY holding above recent low pullback. OGI had a couple days of selloff and started to show signs of reversal on lower time frames. Mid time frame are starting to show reversal with a break of the previous days high. Watched pre-market highs break and see price hold above VWAP continuing higher. Lower time frame showed slow and sustained buying.

• RVOL (decreasing bear volume since recent highs)
• ATR ~0.42
• Market Cap CAD 1.5B

OGI daily

OGI 65m w/ HL

OGI 5m showing AM buying price action (edit : now showing bear break)

OGI 195m ext off : decreasing bear volume showing possible start of reversal

OGI 195m EOD 05/24/19 : New HL forming here and on the 65 (may update my stop)

OGI TSXV 1h, (Noting bullflag confirmation. US markets closed today but using this for reference on open tomorrow. Should see some type for re-syncing/adjustment between tho two. For US markets it's looking more to the upside)

OGI TSXV D, (Seems more volume is needed to get this daily EQ bounge going. The SPY's and market price action also needed)

Scaled out 1/2 of position at the higher open on Tuesday after holiday. Looking to scale out the rest until we lose the hourly HL's to mark the daily LH in the EQ.

Exited rest of position here to lock-in higher open profit. Definitely a strong start but grateful for the move here. Slight adjustment of planning here and still looking for daily LH but entering back in if there is more consolidation here on the shorter time frames. Going to watch intraday VWAP for the day and possibly re-enter towards the EOD based on how the SPY's go and the cannabis sector. Going to look into other names as there are many earnings scheduled in the near term as well.

Adding to exit note : Daily bounce approaching 61.8% retracement level at around 7.95. Will be also watching how the price moves around here.

OGI 5m, (5 min EQ) : Further evaluation after 1st hour of trading. Nice EQ and holding above intraday VWAP. SPY's showing weakness tho. Volume in 1st hour of trading almost half of previous days volume but also noting that last Friday was a normal lower volume day due to long weekend Holiday.


OGI 5m, : 5m EQ breaking bear as a result. Will look into further consolidation and will possibly re-enter later in hourly HL as in original plan.

Noting bigger blocks of sell/ask orders on the order book within that EQ. (need to find out how to post screenshot of order books here)