LO Trade on Jul 15, 2014 13:56 from cyZ: Tradervue User Stock Trades.

Shared by
cyZ

F F looking for bottoming since the acquiring company, RAI was grinding up.This chart was relentlessly down.

Price action, price action, price action.

No valid setup

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-15 13:56:30	LO	buy	$61.380	long
2014-07-15 14:03:12	LO	buy	$61.190	long
2014-07-15 14:23:23	LO	sell	$60.970	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LO&trade=1155750&end=20140814&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LO&trade=1155750&end=20140715160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LO&trade=1155750&end=20140715160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LO&trade=1155750&end=20140715144423&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jco1987_BOWS

2014-07-15 16:40:15

Lower lows, continued breaking down after it broke morning lows. No setup on the daily for where you entered. If you look at your daily chart, around $60 you have the best possibility of a bounce as there multi-week support there (resistance throughout May and support near the end of June).

JDN6832_BOWS

2014-07-15 17:44:35

Don't fight the trend. The trend is your friend

LO Trade on Jul 15, 2014 13:56 from cyZ: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax