SPWR Trade on Aug 19, 2019 11:05 from Louziebellswing: Tradervue User Stock Trades.

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Louziebellswing

 

Daily Setup: PEG falling wedge with 28% short interest

Buy Signal: Stock gapped up over 13, after basing on 12, pulled back tested the 9ema and held

Stop: 12.78

Notes: The SPY is in rangebound action, very volatile and moves are unpredictable with news about Trump, FED, and China. I should have hedged my position once the stock gapped up to 14 to protect my capital in these volatile times.
Also one thing I needed to do was raise my stop once SPWR broke out of the wedge pattern, 13.50 is where I should have stopped out.


Execution detail:

Date/time Symbol Side Price Position
2019-08-19 11:05:26 SPWR buy $13.125 long
2019-08-23 11:10:07 SPWR sell $12.780 0


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