Shared by
Mari_BOWS
Followed rules, profit.
Setup on daily: PR Breakout
Setup intraday: Day-long Consolidation.
Reasons to enter: spiking above 20 DMA.
Concerns: none.
Stop: $2.85 - under 9EMA and 20 DMA.
First target: $3.04 - price resistance.
R/R 1:1 - not good!
This stock broke out of a Day-long Consolidation at 1 p.m. just like CLF did before. I tend to sell third of my shares before price even reaches target. Then I sell another third, when the price reaches the 1st target. This is not good. I need to try to be patient.
I love how I bought this stock before Kunal did and I made a profit while Kunal ended up flat. We both missed the EOD run though.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-10-30 13:23:00 | CDTI | buy | $2.950 | long |
| 2014-10-30 13:25:00 | CDTI | sell | $3.030 | long |
| 2014-10-30 13:29:00 | CDTI | sell | $3.100 | long |
| 2014-10-30 14:31:00 | CDTI | sell | $3.280 | 0 |
Comments
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Love the entry on this I would've tried to get this closer to 280s if I can your cells are also very early. Be patient with this thing I like the fact you get a good chunk out of it but make sure you either he hit it later or add more when you get that flag your job is to be the best stocks and get the most you cannot of it this is a near perfect Ray to remember to double up if you can when you see the set up