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: Consolidation
-Intraday pattern: Runner, Big Pullback
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Mountain
Confluence: N/a
Strike Zone: 2.68 - 2.75
Sizing (lots + emergency): 1500
Risk (stop / Rs): Hold above 2.8
Review / Lessons Learned
Made a trade management mistake here and lost 1R, I remember having this lessons learned before, need to stick to my rules next time!
Lessons Learned:
- On backside setups (Mountain, ParaFade, Gap&Crap), Don't stop out if stock might double top, instead add here and set stop above this level
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-09 15:11:57 | OPTT | sell | $2.660 | short |
| 2020-10-09 15:11:57 | OPTT | sell | $2.660 | short |
| 2020-10-09 15:12:23 | OPTT | sell | $2.690 | short |
| 2020-10-09 15:12:23 | OPTT | sell | $2.690 | short |
| 2020-10-09 15:12:23 | OPTT | sell | $2.690 | short |
| 2020-10-09 15:12:28 | OPTT | sell | $2.690 | short |
| 2020-10-09 15:19:14 | OPTT | buy | $2.735 | short |
| 2020-10-09 15:20:00 | OPTT | buy | $2.750 | short |
| 2020-10-09 15:20:00 | OPTT | buy | $2.750 | short |
| 2020-10-09 15:20:00 | OPTT | buy | $2.745 | short |
| 2020-10-09 15:20:29 | OPTT | buy | $2.780 | short |
| 2020-10-09 15:20:29 | OPTT | buy | $2.775 | 0 |
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