Shared by
Angelrose
My last attempt to trade OXY: Above level R6. Long wick on top of candlestick. Volume is not great though but suspect it has to do with the doji when the struggles between buyers and sellers are underway. I want to say this is BHOD, but I'm still not sure, or confident that it is, as there are no increasing volume like John's BHOD description. But I do know that it is above upper band of VWAP, R6, long top wick are all signs and time for a reversal. I love to short sell, so perhaps I need to find a way to learn another strategy enable me to do that?
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-04 10:17:39 | OXY | sell | $42.190 | short |
| 2022-02-04 10:17:53 | OXY | sell | $42.170 | short |
| 2022-02-04 10:30:54 | OXY | buy | $41.800 | short |
| 2022-02-04 10:37:05 | OXY | buy | $41.680 | short |
| 2022-02-04 10:42:35 | OXY | buy | $41.360 | short |
| 2022-02-04 10:44:12 | OXY | buy | $41.450 | 0 |
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