DNKN Trade on Jun 2, 2014 11:12 from oly_BOWS: Tradervue User Stock Trades.

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oly_BOWS

 

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long flag break

stop: 45.47

volume coming in inside the flag and I pounced on the break. My order got rejected because of the 15k limit on position size. I had to reenter but still got in ok.

I found this via a momo scan and liked the base b/o on daily

scaled half at 1R and stop to b/e - wish size was larger. target 46.79 below 50dma or exit on trailing volatility stop/discretionary - 45.85 level to watch as well
bounced at .84 but not much volume so felt it was a needed pullback

I was right, tiny then ripped through 46

bounced again around 46.05 but with low volume, kept stop below previous flag area at 45.78

Then it formed a tight double-top and pulled a 123 reversal so I exited.


Execution detail:

Date/time Symbol Side Price Position
2014-06-02 11:12:12 DNKN buy $45.577 long
2014-06-02 11:13:50 DNKN sell $45.670 long
2014-06-02 12:37:16 DNKN sell $45.870 0


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