OSG Swing trade idea

28 thg 6, 2021

This swing trade idea is based on the signals from CCI and other indicators listed on the chart (look at the orange squares) . Also notice that BB is set to 100 period and look at the price action from the past when OSG crossed the lower band of BB . Also look at the volume (best to see it on the daily chart)
Game plan:
ENTRY :$2.06
STOP :$2.00
EXIT :$2.21
R/R : 1 TO 2.5
Not financial advice .

28 thg 6, 2021

Ghi chú

8 hour chart (click to expand)

1 thg 7, 2021

Ghi chú

Take a look at 4 hour chart below.All indicators (in orange squares) are showing bullish signals including CCI crossover alert(green vertical line ) , BB bands are also moving closer to each other .Possibly today OSG will hit the target of $2.21

2 thg 7, 2021

Ghi chú

OSG spiked up premarket to $3 at 7 am NYC time ,extended hours auto order got triggered ,sold at $2.56 -making $0.50 profit per share (more than I was planing).
Position closed .