OEG Trade on Jun 1, 2021 10:10 from Javii333: Tradervue User Stock Trades.

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Javii333

 

Strategy: “C” set up – Intra-day Range Trading – June 1st, 2021
Ticker: OEG – Orbital Energy Group
Float: 46.87 million
Volume: 98.3 million – 10:55am
Catalyst: New Sales Contract
Market Con: Weak – SPY and QQQ flat
Pre- Market: trending to the upside with PM High of $6.00
Open: Tried to continue up multiple times, hit new HOD $6.41, then stalled
Side: SHORT
Prop Entry: HOD x 1000 (Half Size)
Actual Entry: 1st 1000x$6.15, 2nd 2200x$5.98, 3rd 2100x$6.16 began to show weakness
after initial push at the open, not able to make new higher highs.
Stop: $6.41 – Mental stop
Profit Target: $5.40’s - $5.50’s
Issue: None, OEG already had a false breakout at the open with a $.70 flush.
Trading with the range of $5.60's to $6.30's
Outcome: Trade went according to plan. 1st trade at 1000x$6.15@10:10
covered around $5.70’s. 2nd trade scaled in 2200x$5.98@10:36
covered 600x$5.84@10:41, break even on the rest with buyers
gaining strength. 3rd trade scaled in 2100x$6.16@10:50
covered in the $5.50’s - $5.60’s as it flushed hard.
Total gross profit of $1,647.00.


Execution detail:

Date/time Symbol Side Price Position
2021-06-01 10:10:03 OEG sell $6.150 short
2021-06-01 10:11:17 OEG buy $5.790 short
2021-06-01 10:12:29 OEG buy $5.750 short
2021-06-01 10:19:18 OEG buy $5.720 0
2021-06-01 10:31:14 OEG sell $6.030 short
2021-06-01 10:32:29 OEG sell $5.920 short
2021-06-01 10:36:02 OEG sell $6.060 short
2021-06-01 10:36:45 OEG sell $6.080 short
2021-06-01 10:40:46 OEG buy $5.910 short
2021-06-01 10:41:46 OEG buy $5.840 short
2021-06-01 10:44:34 OEG buy $5.960 0
2021-06-01 10:49:02 OEG sell $6.100 short
2021-06-01 10:49:15 OEG sell $6.170 short
2021-06-01 10:50:10 OEG sell $6.200 short
2021-06-01 10:50:47 OEG buy $5.630 short
2021-06-01 10:50:48 OEG buy $5.600 short
2021-06-01 10:50:49 OEG buy $5.600 short
2021-06-01 10:50:50 OEG buy $5.540 short
2021-06-01 10:50:59 OEG buy $5.640 0


Comments

Gravatar gvaccaro101
2021-06-01 17:21:30
 

nicely done.

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