Shared by
walden
OXY gap up on OPEC production cut news. Initial breakout I did some quick scalp. On first move down, I brought the stock in two tranches. First pull back on strong opening stock strategy.
What I did Right: Identify OXT as a strong stock based on gap up analysis. The exit on second swing was close to target, which was good.
What I did Wrong: Better size.
Trade grade: C
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-10-03 08:45:32 | OXY | buy | $63.700 | long |
| 2022-10-03 08:52:51 | OXY | sell | $63.940 | 0 |
| 2022-10-03 09:33:13 | OXY | buy | $64.220 | long |
| 2022-10-03 09:34:15 | OXY | sell | $64.420 | 0 |
| 2022-10-03 09:38:02 | OXY | buy | $64.550 | long |
| 2022-10-03 09:38:51 | OXY | buy | $64.060 | long |
| 2022-10-03 09:41:28 | OXY | sell | $64.390 | long |
| 2022-10-03 09:41:54 | OXY | sell | $64.560 | 0 |
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