Shared by
Constantine_BOWS
Well, initially I was thinking about short of this stock. I bought it, because it took too close to the day high, so I thought, it should go ORB. I should make a quick scalp at this trade and close a half at a 1,90 point, because the was kind a breakdown at this point, but I hoped that it could go even higher.
Then I was stoped out for 10 cents loss. But I saw an ORB figure one more time, but now it was for the short side. At that point I was right. Hope for the gap fill.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-12-08 09:35:29 | ONTX | buy | $1.770 | long |
| 2015-12-08 09:42:13 | ONTX | sell | $1.670 | 0 |
| 2015-12-08 09:43:21 | ONTX | sell | $1.580 | short |
| 2015-12-08 10:04:38 | ONTX | buy | $1.520 | 0 |
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