WAG Trade on Jun 5, 2014 12:30 from oly_BOWS: Tradervue User Stock Trades.

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oly_BOWS

 

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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


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