Shared by
SwingTrades_BOWS
Results: Winner.
Buy: $1.44.
Stop: $1.25.
Shares: 200.
Target Price: $1.80.
Sell Price: $1.83.
Purchase Date: 7/16/2019.
Sell Date: 7/22/2019.
Market Days Held: 4.
Earnings Date: 9/25/19.
Float: 68 million.
Short Float: 1.14%.
Average Volume: 722,546.
Current Volume: 308,445.
Market Cap: 112 million.
Sector: Healthcare.
Industry: Biotechnology.
Exchange: NASDAQ.
Setup: 13 EMA Pullback, Great volume, and had a green candle to hold (confirmation) Stock is a bit over brought. Big green candles and small red candles good volume pattern. The EMA's are also riding underneath the stock pushing it higher. I am looking to sell when the stock returns to its previous high of 1.80.
Outcome: Stock did exactly what I thought it could. What I learned from this trade is to wait for confirmation to confirm the breakout before buying.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-07-16 09:30:00 | ACST | buy | $1.440 | long |
| 2019-07-22 09:57:38 | ACST | sell | $1.836 | 0 |
Leave a comment about this trade!
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!