ONTX was definitely a riskier technical setup, but the stock had news and was curling back up after a sharp opening range retracement. You got in for a new 5-minute candle high, or the first 1-minute candle to make a new high on a choppy bull flag setup.
Scalped the trade for about a 15 cent profit per trade, closed it for $119.82 in net realized gains.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-01-17 09:42:44 | ONTX | buy | $2.390 | long |
2018-01-17 09:43:11 | ONTX | sell | $2.540 | long |
2018-01-17 09:43:48 | ONTX | sell | $2.520 | 0 |
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