VSR Trade on Oct 23, 2014 14:58 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: News

News came about EBOLA, every ebola stock had ripped. Picked this one because it had news in the morning and had a lot of shorts so thought we could get a nice squeeze on it. Turns out it was the weakest one of the 4 major ones. Waited for a flag on the 1mn to see if it was going to hold its low. Got in when it seemed to rip but stalled. Added by mistake but sold at VWAP first target as resistance and had big seller there. Sold second share in rip higher and sold last at stop price which I put under support.

Reasons to sell: VWAP, continued spike, and on support/9ema


Execution detail:

Date/time Symbol Side Price Position
2014-10-23 14:58:00 VSR buy $3.370 long
2014-10-23 15:04:44 VSR buy $3.430 long
2014-10-23 15:15:43 VSR sell $3.470 long
2014-10-23 15:17:49 VSR sell $3.540 long
2014-10-23 15:33:16 VSR sell $3.450 0


Comments

Gravatar kunal00
2014-10-23 20:26:42
 

love the rational! the sympathy play! it was a bit high of an entry but when a big news piece comes out.. often ur not gonna be the first one to see it and get it at the base.. i like wherte ure head was at alert and thinking of the angles

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