OGI Swing Trades Continue More Volatlity from Fed News SHORT
Updated
OGI has completed another trend up from the federal news about a push for legalization
of marijuana as a handout from incumbents seeking another term. My recent idea on OGI
as to demonstrate its suitability for high return short duration swing trades to add compounding
into the profit and returns. The increased volatility due to the federal news only adds to
the overall picture. I will short OGI here looking for price to fall to the area of the mean VWAP
where I will reverse my position and begin to take a long position in increments at optimal
entries.
of marijuana as a handout from incumbents seeking another term. My recent idea on OGI
as to demonstrate its suitability for high return short duration swing trades to add compounding
into the profit and returns. The increased volatility due to the federal news only adds to
the overall picture. I will short OGI here looking for price to fall to the area of the mean VWAP
where I will reverse my position and begin to take a long position in increments at optimal
entries.
Note
Bearish Divergence on RSI dual TF indicator; long positions are closed now shortvia selling calls and buying puts.
Trade closed: stop reached
CLosed and reopened long.Note
Nice pop on ACB today OGI is lockstp maybe?Note
Trade active
OGI now is long setup Trade active
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