Shared by
ekrei
Thesis- looked like cup & handle type was forming
Entry- on way up vs low of consolidation
Exit- stopped quickly and didnt get back in
Thoughts- at the time I was deciding between TSLA cup & handle of OXY and I went with OXY bc of the good news it had (buffet buying more) but was right on direction but wrong on the timing
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-03-16 11:16:00 | OXY | buy | $57.732 | long |
| 2023-03-16 11:23:00 | OXY | sell | $57.510 | 0 |
Comments
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Ahh, so close. Right idea.
I think in this market environment we may need to give a bit more room for all this volatility to work out. Happens to me too.