OGI Trade on Jan 15, 2020 14:40 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Marijuana producer Organigram stock soars 30% as sales double (after hours previous day)
-High volume of options being traded
-Weed sector sympathy

Technical Analysis

-Levels: 2.60, 3.00, 3.20

Original Plan / Strategy

First Test Long of 2.98 - 3 level

Review

All lots got filled, confidence was high as VWAP was confluence with the level and 3 psychological level was close. I played this very conservatively as I wanted to have a green day in order to bump my size. Should have followed my plan to hold 1/2 for a bigger move.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-01-15 14:40:48	OGI	buy	$2.990	long
2020-01-15 14:42:13	OGI	buy	$2.980	long
2020-01-15 14:42:21	OGI	buy	$2.970	long
2020-01-15 14:42:23	OGI	buy	$2.960	long
2020-01-15 14:46:26	OGI	sell	$3.012	long
2020-01-15 14:47:47	OGI	sell	$3.020	long
2020-01-15 14:48:58	OGI	sell	$3.030	long
2020-01-15 14:50:10	OGI	sell	$3.020	0

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#chart3 { background-image:url('/shared/charts/pricechart?symbol=OGI&trade=12567712&end=20200115160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=OGI&trade=12567712&end=20200214&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}