VRNT Trade on Mar 26, 2015 14:48 from foldelinio_BOWS: Tradervue User Stock Trades.

54.66M float/4.20% short float/82.30% institutional

Stop: 61.80$
R: -0.5

Wanted to trade the breakout above 62$ during the final hour. Level was tested multible times intraday and on the daily.
I went with the breakout, used a market order and got filled at top tick. Volume came in a little, but it wasn't enough to push further. I got out as soon as it went below breakout price. Stock tanked for a dollar afterwards.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-26 14:48:55	VRNT	buy	$62.200	long
2015-03-26 14:59:02	VRNT	sell	$61.871	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VRNT&trade=2140604&end=20150425&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VRNT&trade=2140604&end=20150326160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VRNT&trade=2140604&end=20150326160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-03-28 21:08:07

i see ur setup big stock like this.. hitting the big dips is always the way to go

VRNT Trade on Mar 26, 2015 14:48 from foldelinio_BOWS: Tradervue User Stock Trades.

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