Shared by
beno
This stock was yesterday’s winner and I wanted to play it as a Second Day Play. It was soaring the first day because it received insurance coverage from UnitedHealth (UNH) for their GeneSight genetic testing product. After seeing a nice uptrend all morning I decided to buy the pullback from 48.2 to 47.5 (I got in at 47.52) but the stock dropped out and blew past my stop at 47.38, I had to cover at 46.96. Since it was at VWAP and just retraced above he 47 level I decided to try to trade again since this stock has been strong all day and is still above VWAP. I got back in at 47.08 but stopped myself out at 46.65 because we traded below VWAP
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-08-02 12:35:23 | MYGN | buy | $47.520 | long |
| 2019-08-02 12:50:30 | MYGN | sell | $46.950 | 0 |
| 2019-08-02 13:00:24 | MYGN | buy | $47.090 | long |
| 2019-08-02 13:12:11 | MYGN | sell | $46.650 | 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!