ATHM Trade on Jul 29, 2014 09:44 from singham_BOWS: Tradervue User Stock Trades.

Daily: flat top breakout

Intraday: quick pullback buy

After breaking out on daily, pulled back to breakout level, entered in anticipation of breakout continuation. Should have gotten some confirmation near breakout level prior to entry, tried to catch a falling knife, doesn't work.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-29 09:44:43	ATHM	buy	$37.510	long
2014-07-29 09:45:16	ATHM	sell	$37.150	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ATHM&trade=1199168&end=20140828&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ATHM&trade=1199168&end=20140729121516&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-07-29 14:59:12

Notice how larger that first red candles is alone with the volume. Not an orderly pullback to catch a bounce play.

singham_BOWS

2014-07-29 15:42:19

Didn't notice the volume. Thanks for the feedback Nape!

ATHM Trade on Jul 29, 2014 09:44 from singham_BOWS: Tradervue User Stock Trades.

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