OKLA represents a high risk high reward play on green energy. It is a pre-revenue nuclear
power generation plant in Idaho destined to sell electricity to the grid as well as nearby
government customers including a miliary base. As such the risk is inherent but so is the
potential upside. This is a long trade buying at the bottom and looking for 50% upside or more.
On the 120 minute chart price is ascending through EMA lines in the past couple of days.
Price is rising as compared with anchored VWAP lines and the RSI indicator confirms bullish
momentum. I will take a long trade here especially as making a trade supporting green energy
helps in a socially responsible way the energy trend in sustainability.
Trade active
Nice move uptoday. Full position. No adds. Stop loss changed to trailing 7.5%; this trade is risk and stress free. Low in trade management. Expecting more. Any 1% to 5% dip will add 25% more into the trade.
Note
Watchin for price to get rejected by hihg volatility mean VWAP zone or break though it and continue.
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