MGT Trade on Jun 30, 2016 13:25 from Reggie1634_BOWS: Tradervue User Stock Trades.

2016-06-30 20:35:06
So I continued to watch this all day. I had a Short Bias mind towards this Stock from the start, so at 1:00pm the stock brakes back under the VWAP I did not chase. I waited, and in this case, it was about a half hour and the stock did retest the VWAP, it was here that I took a short position. The Moving averages were now setting on top of the stock, along with the VWAP. As the Moving averages began to roll over, I began looking cover and take profits. which I did.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-06-30 13:25:00	MGT	sell	$4.300	short
2016-06-30 15:35:00	MGT	buy	$3.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MGT&trade=4690236&end=20160730&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MGT&trade=4690236&end=20160630153500&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MGT&trade=4690236&end=20160630160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MGT&trade=4690236&end=20160630160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Louie

2016-07-01 21:04:52

Great trade and patience.

MGT Trade on Jun 30, 2016 13:25 from Reggie1634_BOWS: Tradervue User Stock Trades.

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