stop: 74.79
Found this on the old finviz momo scan. The daily was jsut a continuation but 75 looked like a key level also on the day before. When it coiled under it I tried to take the triple tap but rushed into it.
Then it continued coiling along the 75 level all day. I stayed in expecting it to pop and it finally did mid-afternoon. Scaled into the pop, more in the runup and dumped the last piece when it looked ugly.
This is an extremely high float stock. I am happy I made ~50c on the best part of it but it is a $75 stock with almost a billion float. Not smart, at least I played it ok.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-05 12:30:44 | WAG | buy | $75.020 | long |
2014-06-05 14:27:30 | WAG | sell | $75.250 | long |
2014-06-05 15:02:45 | WAG | sell | $75.490 | long |
2014-06-05 15:13:24 | WAG | sell | $75.270 | 0 |
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!