DNN 10-12-21 Playbook
Name: 4h Upper Trendline 3 test breakout
Big Picture: Lets talk a little about sector rotation. I have a lot of questions about sector rotation but I understand that we are in early recovery and energy likes to run in early recovery. I also know that the price of Uranium is only going to go up with demand for greener energy under the Biden administration and URA has been in an uptrend for a while now, taking the same exhaustion consolidation.
Intraday Fundamentals:
ATR .13
Uranium Company
News based on new green deal that I was unaware of.
TA:
1.57 was a level. I bought in anticipation of that level being broken for a swing.
4h chart had a 3rd test of upper trend which is a great short or long opportunity depending on who takes control.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-10-12 12:38:09 | 15 OCT 21 1.5 CALL | buy | $0.1000 | long |
2021-10-13 10:36:56 | 15 OCT 21 1.5 CALL | sell | $0.1500 | long |
2021-10-13 11:17:07 | 15 OCT 21 1.5 CALL | sell | $0.1500 | long |
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