NKE Trade on Oct 14, 2019 10:21 from Cklamb: Tradervue User Stock Trades.

Gravatar

Shared by
Cklamb

 

NKE
Intraday fundamentals
• Setting all time highs
Technicals
Daily

Hourly

Intraday

Trading strategy
• Get long for a longer term trade
• Look for breakout trade
Reading the Tape
I watch throughout the trade before and after. The tape was weak as it trade around 95.15 and started to look like there was not enough lift left to push this to new highs or a 95.50 target.
Trade Management

Review
• There were better things to trade
• I was hoping to catch this for a longer term move up to 96 and maybe even for a 7 or 8 day swing if I would have gotten some more extension
• I did catch this with a favorable set up this with well defined risk pn the long and got the first third off at 1 to 1 the original risk. I held a little more than half looking to hold for a bigger move
• I managed and read the tape well as it started to look like it may get weaker as the the day wore on.

image


Execution detail:

Date/time Symbol Side Price Position
2019-10-14 10:21:47 NKE buy $94.928 long
2019-10-14 10:46:24 NKE sell $95.175 long
2019-10-14 11:42:16 NKE sell $95.095 long
2019-10-14 12:11:15 NKE sell $95.111 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!

View plans, Sign up for free, or Log in