Shared by
beno
Fundamentals
Float = 16M
Catalysts / News / Painting the picture
-Oct 06 2020: Technical / possibly hurricane delta category 4 upgrade
Technical Analysis
-SPY pattern: Rug Pull
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Mountain
Confluence: N/a
Strike Zone: 2.1 - 2.25
Sizing (lots + emergency): 2000
Risk (stop / Rs): Hold above 2.2
Review / Lessons Learned
Huge death candle emerged near EOD, thought we might get a good EOD fade after most of float was stuck at highs but the same big player was still accumulating and saving the stock, started short a little early and planned to added until 1.25
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-06 14:58:16 | OPTT | sell | $2.030 | short |
| 2020-10-06 14:58:32 | OPTT | sell | $2.080 | short |
| 2020-10-06 14:59:05 | OPTT | sell | $2.130 | short |
| 2020-10-06 15:00:22 | OPTT | sell | $2.170 | short |
| 2020-10-06 15:05:23 | OPTT | buy | $2.110 | short |
| 2020-10-06 15:06:17 | OPTT | buy | $2.050 | short |
| 2020-10-06 15:07:25 | OPTT | buy | $2.000 | short |
| 2020-10-06 15:08:31 | OPTT | buy | $1.950 | short |
| 2020-10-06 15:08:50 | OPTT | buy | $1.980 | short |
| 2020-10-06 15:09:16 | OPTT | buy | $1.990 | short |
| 2020-10-06 15:10:02 | OPTT | buy | $2.030 | 0 |
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