OCGN Trade on Dec 22, 2020 09:44 from OPTRADER18509: Tradervue User Stock Trades.

Gravatar

Shared by
OPTRADER18509

 

Kind of fuumbled this one :( but I had plan and followed it. My goal was to see if VWAP held and supported around 9:45am for a HOD reclaim and break. The HOD in the AM was around $0.51 and the LOD was $0.39. So I accumulated 5k shares at $0.44 risking off LOD and planed on scaling out along the way. I locked in half at the $0.51 HOD break and held the rest for any push to $0.6 but it kept fiding some risistance around $0.55 so I locked in my profits and locked to reassess. However I took my mid day break to go workout and now I am noticing the ticker is around $0.75 ( Bummer :( )

What I did right:
-I had a plan and followed it
-I locked to enter at or close support level in order to give me the best R/R
-I locked in profits as my thesis was proving itself
- When I realized my mid day break was coming and the ticker was finding resistance around $0.55 I locked in my profits

What I will improve on:
-I feel like I could have gotten a better entry around $0.42 but I was not watching the ticker at the time and missed the ideal entry. So maybe having a small wish order at that key level will not only fill me in but also bring the ticker to my attention
-On a bullish setup like this that's trending up, maybe I can push my workout for after the trend reverses. Not sure If I am tipping the GREED line with this one though.


Execution detail:

Date/time Symbol Side Price Position
2020-12-22 09:44:00 OCGN buy $0.4399 long
2020-12-22 09:44:00 OCGN buy $0.4395 long
2020-12-22 09:44:00 OCGN buy $0.4395 long
2020-12-22 09:44:00 OCGN buy $0.4395 long
2020-12-22 09:44:00 OCGN buy $0.4395 long
2020-12-22 10:04:00 OCGN sell $0.5025 long
2020-12-22 10:08:00 OCGN sell $0.5449 long
2020-12-22 10:09:00 OCGN sell $0.5500 long
2020-12-22 10:16:00 OCGN sell $0.5500 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in