NWBO Trade on Jun 27, 2014 12:36 from Avi_BOWS: Tradervue User Stock Trades.

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Avi_BOWS

 

http://screencast.com/t/7tCRmjRmrM

This stock has been in downtrend on daily for past 7 days and started out the day trending down as well, so wasn't necessarily the best candidate to make a run upward. But starting at 11:30 it started to move upward and got above it's MA's. It then tested a price resistance at 6.84 for 4 five minute candles and the dips in those candles were getting bought up and holding it's 50 SMA. As I was putting in a stop limit order to buy at 6.85 w/ a stop just below the 50 SMA at 6.77 it moved above 6.84 so I quickly bought it @ 6.87, which was just in the nick of time as it quickly shot up. I sold half .12ยข from buy to book some profits and sold the other half pretty close to HOD's.
Kunal called this stock the devil stock, lol, not sure why that is, maybe he can review this trade and tell why that is ;)
At any rate, think I nailed this trade pretty well.


Execution detail:

Date/time Symbol Side Price Position
2014-06-27 12:36:09 NWBO buy $6.870 long
2014-06-27 12:43:37 NWBO sell $6.980 long
2014-06-27 12:56:26 NWBO sell $7.120 0


Comments

2014-06-28 10:25:58
 

Nice work!

2014-06-28 17:37:40
 

thx again Nape

2014-06-29 23:24:04
 

Quick and dirty, like your women!

2014-06-30 01:39:15
 

Haha you know it Chris!

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