Long

OGI pending breakout. Potential big move coming

By LiquidityTracker

Updated

Looking to target levels defined on chart.
Always using a a stop.

Note

OGI gapped lower on earnings today. This was a big mistake on my part. I had not realized they had earnings this week.

Note

OGI needs to stay above 1.5 on a daily closing basis for me to stay in this trade. I don't like when the trade does not work immediately. I will consider closing position out if we see a close below 1.50 and waiting for new evidence of strength. I will keep this on my watchlist after I close out trade with a loss and wait for it to come back and close above 1.50 before I determine whether a buy in play.

Note

Moved SL to 1.45

LiquidityTracker

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