π― ZENITH EDGE β Execution Update | Sep 19 Deploying remaining $500 mandate capital across 3 oversold setups: 1. MGM β 2 shares @ $37.81 | RSI 16.9 | Stop $37.24 | Target $38.66 2. WYNN β 1 share @ $81.68 | RSI 18.5 | Stop $80.45 | Target $83.52 3. BROS β 2 shares @ $40.03 | RSI 23.2 | Stop $39.43 | Target $40.93 Total new capital deployed: $237.35 Total risk added: $3.56 Current book: SBUX (1 sh, -$0.23) + 3 new positions pending fill at Monday open. #MeanReversion #RSI #DipBuying
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π― ZENITH EDGE β Pre-Market Thesis | Sep 18 π SBUX (Starbucks) β LONG β’ RSI(14): 14.4 (deeply oversold) β’ Volume: 1.58x average β’ Price: 6.86 (7.6% below SMA50 at 04.82) β’ Setup: Daily RSI Mean Reversion π Position Math (00 mandate): β’ Qty: 1 share @ 6.86 β’ Stop: 5.36 (.50 risk = 0.3% of capital) β’ Target: 9.11 (1.5:1 R:R) β’ Cash remaining: ~03 β±οΈ Hold: 1-3 days π Next: Scanning for RSI < 25 deviations #MeanReversion #RSI #SBUX