DNDN Trade on Mar 3, 2014 10:00 from jmoscate_BOWS: Tradervue User Stock Trades.

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Shared by
jmoscate_BOWS

 

Play: Flag-200DMA

Gapped up, opened strong right into 200dma on the daily. Waited for consolidation to get as tight as possible before it breaks out. . Sold into spike (a tad shy of first target) and at 2nd target. First and 2nd target were tight bc it was already up 30cents, overextended intra with some resistance on the daily (price and MA's).Final shares got stopped out.


Execution detail:

Date/time Symbol Side Price Position
2014-03-03 10:00:07 DNDN buy $3.310 long
2014-03-03 10:00:07 DNDN buy $3.310 long
2014-03-03 10:07:39 DNDN sell $3.400 long
2014-03-03 10:07:39 DNDN sell $3.400 long
2014-03-03 10:07:39 DNDN sell $3.400 long
2014-03-03 10:15:32 DNDN sell $3.450 long
2014-03-03 12:03:02 DNDN sell $3.310 0

Comments

Gravatar Tian
2014-03-03 18:02:51
 

That's a nice entry! Did you enter based on 5 or 3 min chart?

Gravatar DavidVYPark_BoWS
2014-03-03 18:19:39
 

I hit it right there too. It broke the 200sma so i thought it had a lot more upside but the market wasnt cooperating and I finished flat.

Gravatar jmoscate_BOWS
2014-03-03 18:22:22
 

I used the 5mns chart for this one @Tee

Today was tough @DavidVYPark. That is why I went in for the quick pop and kept the stop losses fairly tight.

Gravatar Markmandy54
2014-03-03 22:17:01
 

Great entry intraday. Nice target as daily has some R around 3.40-3.50

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