How I traded $OVAS today
Time is for tweets in EST. Highlighted tweets were tweeted prior to activity.
9:16 $OVAS #watch long (identified stock as long trade pre-mkt)
9:19 noted pre-mkt volume as 175 shares total (very weak)
9:32 bid for stock, bought 32.46 avg (no tweet)
9:37 scalped 1.19 $OVAS #profit (sold 33.27 avg)
9:41 bidding $OVAS mid-low 32 (before the entry)
9:43 filled 32.32 so far (initial buy trade)
9:48 offering out $OVAS in the 33s #scaleout (before the exit)
9:50 sold 1/2 for +.86 $OVAS
9:52 sold rem $OVAS 33s #profit
10:00 bid for $OVAS mid 32s again (no tweet)
10:58 $OVAS vol getting thin... out of last long scalp now 33.5s
(sold for 1.04 avg 3rd trade)
11:17 will wait for $OVAS to pb closer to 33 before buy #swing
(stock was trading 34s but identified potential for PB)
11:33 went long at new hod but exited trade for small scalp (no tweet)
11:41 stock fails to recover after breaking below area after new highs (no tweet)
11:43 for next 10 minutes, shorted stock 33.9s (no tweet)
12:22 stock hits 33 and I begin to cover +.91, also going long as noted before on 11:17 tweet (no tweet)
1:18 $OVAS up it goes
1:57 sold all $OVAS from 33 #profit (filled 34.7s - 34.8s)
2:05 +1.81 avg on all $OVAS (prev trade profits)
2:09 stock trades new hod, I buy back small, 35 avg, observed heavy buying (no tweet)
2:14 $OVAS long sm sz fwiw at 35
2:15 $OVAS will offer 35.4+ to sell (tweet before exit)
2:17 sold 35.4s for .42 (no tweet)
2:18 noticed extreme chop in stock, did smaller sz trades for next hour
very choppy channel trading (no tweet)
2:46 Will buy and hold $OVAS for #swing before eod (wanted to re-buy
when day traders exit, thinking possible break below 35)
3:20 sell stops hit at 35, bids drop for the next 3 minutes, large prints
hit the tape at 3:23, observed bid holding 34.60 so I entered trades (no tweet)
3:35 long 10k $OVAS 34.62 avg ST #swing
NOTE: MACD is just a guide. This indicator is based on trailing data. Thus MACD trend lines displayed are not to be interpreted as a leading indicators. I only use MACD in hindsight to confirm what I saw on the tape.
1 comment:
Thanks for taking the time to detail your thoughts behind this trade. I found your information to be invaluable. I strive to eventually have your trader vision.
Post a Comment