Shared by
MarcP_BOWS
I saw this stock after Kunal Had exited the Trade. I waited for some red and support to form. As soon as the stock Remounted the M.A's i took a position to Sell Into The HOD resistance, I was looking for a quick scalp. But Dint get excuted till it fell back.
Took A second trade when the stock bounced off support the second time. This time I expected a breakout and it happened for a small scalp to the whole number 7 if it forms resistance. and thats what happened so i took all of my Position off.
Overall Not a great trade, But I Profited because I was buying the Bounce. My Risk Was A few cents.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-07-25 09:40:48 | CARA | buy | $6.710 | long |
| 2016-07-25 09:42:17 | CARA | sell | $6.790 | 0 |
| 2016-07-25 09:46:46 | CARA | buy | $6.710 | long |
| 2016-07-25 09:52:36 | CARA | sell | $6.910 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!