FSLR Trade on Jun 16, 2014 15:08 from singham_BOWS: Tradervue User Stock Trades.

Daily: range break / 50SMA break

Intraday: triple tap break

Entered on break of HOD in anticipation of triple tap breakout from day long consolidation, stopped out on break of 20ema. Should have waited for confirmation of 67 resistance break, as daily had resistance there as well.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-16 15:08:28	FSLR	buy	$67.000	long
2014-06-16 15:23:12	FSLR	sell	$66.650	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=1061902&end=20140716&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=1061902&end=20140616160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-06-16 17:24:57

I like the attempt but, entry closer to here as $66.50 built a nice support level was idea. Stop would have been just under 66.60..http://screencast.com/t/GmYBZ50GI

singham_BOWS

2014-06-16 19:12:10

Was looking at that spot as well, passed because thought there was resistance at 67 so reward would be minimal. But I agree this level was much closer to support and risk would be minimal too.

FSLR Trade on Jun 16, 2014 15:08 from singham_BOWS: Tradervue User Stock Trades.

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