TRADE 14
The Energy sector is hot and OXY hat a breakout on the Daily. I saw a sharp move away from price. Than the stock consolidated. I saw kind of a bull flag or an ascending triangle on the 1-Min Time Frame. That is a pattern which I can use. I went long at $36.60 at 10:44AM, risking to $36.20. The mistake was that the Stock didn't really breaked the ascending triangle. In fact there was no real buy signal. I react very fast and sold at 10:45AM.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-18 10:44:42 | OXY | buy | $36.620 | long |
2022-01-18 10:44:42 | OXY | buy | $36.620 | long |
2022-01-18 10:45:53 | OXY | sell | $36.540 | 0 |
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