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kowloonboys
May 14, 2020 2:34 PM

OGI oversold Long

Organigram Holdings Inc.NASDAQ

Description

Trade #4 of this month

OGI further dropped down below support level of $1.15 and don't see there is much downside from here. If it goes back up to the important level at $1.5 that would be a 33% gain so it's not illogical to take a risk this time.

Trade closed: target reached

Target reached above my $1.5 level in just 2 trading days! For that reason I'd take half of the profit and let the rest go with the ride (cut-loss level at $1.3)

Trade closed: target reached

Closed all position at $1.9 - almost 70% profit for this one single trade!
Comments
Ronnie1313
Agreed!
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