FRAN Trade on Sep 10, 2019 10:15 from tradeking313: Tradervue User Stock Trades.

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tradeking313

 

FRAN WAS MY #1 PLAY FOR TODAY. ONCE AGAIN IT HAD ALL 5 CRITERIA THAT I AIM FOR...EXCELLENT RANGE, GREAT VOLUME, GREAT NEWS, LOW FLOAT, AND PREVIOUS RUNNER. THE NEWS WAS REGARDING EARNINGS REPORT. SO TODAY DURING PRE-MARKET THIS STOCK RAN FROM 5.20 TO 10.07. SO MY FIRST REACTION TO THIS IS WAIT FOR THE ABCD SETUP. SO WHEN THE MARKET OPEN...I PATIENTLY WAITED FOR THE SUPPORT LEVEL for 45 minutes. DURING THAT TIME..I CHECKED MY SCANNER AND CAME UPON THE STOCK "CREG". LOOK AT THE 30 DAY 30 MIN CHART AND REALIZE A POTENTIAL BREAKOUT ABOVE .50 CENTS..ALSO GREAT NEWS..CHECK OUT MY PLAY ON THAT TODAY AS WELL..BACK TO FRAN..I FINALLY SAW GOOD SUPPORT AROUND THE 8.55 AREA AND NOW I KNEW IT WAS TIME FOR THE "C". PATIENCE IS KEY...LOOKING FOR BUYING PRESSURE + VOLUME. ENTERED PREFECTLY AT 8.97..I WANTED TO EXECUTE AT 8.91 BUT GOT FILLED 6 CENTS HIGHER. NEEDLESS TO SAY..BINGO!! MASSIVE VOLUME CAME. I QUICKLY SOLD 40% OF MY SHARES AT 9.51....20% at 9.60, 20% at 9.33, and 20% at 9.10. Excellent Entry and exit strategy. Very happy with my play today. Patience.

Grade: A+


Execution detail:

Date/time Symbol Side Price Position
2019-09-10 10:15:05 FRAN buy $8.970 long
2019-09-10 10:15:55 FRAN sell $9.510 long
2019-09-10 10:17:06 FRAN sell $9.600 long
2019-09-10 10:18:34 FRAN sell $9.330 long
2019-09-10 10:24:40 FRAN sell $9.100 0


Comments

2019-09-10 21:10:54
 

nice trade

2019-09-10 22:23:50
 

thanks jonathan

2019-09-10 23:57:36
 

Solid trade!

2019-09-11 00:20:58
 

thanks sir

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