NOC Trade on Jan 6, 2020 09:54 from Defy: Tradervue User Stock Trades.

Part of the watch list for this Monday.
PLAN
- doing my research over the weekend, I became interested in what the defense related stocks would do when potential war was being pushed through social outlets. with the recent killing of an Iran military leader I thought there may be a play here.

One of the names on my list was NOC, up $20 dollars since Friday. lots of volume to use for the play, so I felt confident that there would be a move here.

TRADE
Opened up and pushed to just over 382. I wasnt over the top excited about the play but had still considered there could be something here. originally was Long bias on the trade but after seeing the weird candle formation and NO immediate news regarding escalation of war talks I started to consider a short position.

Continued to make lower highs through the day, decided to talk a starter risking off the 380 area. Almost took the position off but the doji candle kept me in. from there it continued lower, I added to the position around 379 area seeing it was beginning to break the 379 area.

held through a lot of the noise, no trend break until push towards 377.didnt want to get caught and there was some moment in other names in the defensive sector so I decided to take it off.