NNVC Trade on Jan 27, 2020 15:34 from Teyrex_Trading: Tradervue User Stock Trades.

GREAT afternoon push through VWAP on really good volume so I started watching closely for a low volume pull back to $14.25 area.
Noted that $14.20 was prior support and resistance in the morning price action, I was waiting for the price action to dip down and catch the trade line or the trade line to grind up under the price action.

This area was also the 38.2 fib line of the "Impulse" move.
Giving me multiple levels of support indicators I jumped in a small trade to test out my trade idea and it worked EXACTLY the same as a morning play I'm very familiar with!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-01-27 15:34:31	NNVC	buy	$14.600	long
2020-01-27 15:40:04	NNVC	sell	$15.640	long
2020-01-27 15:55:00	NNVC	sell	$16.250	long
2020-01-27 16:30:42	NNVC	sell	$16.170	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NNVC&trade=12691678&end=20200226&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NNVC&trade=12691678&end=20200127174242&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

Comments

manowar41

2020-01-28 17:13:34

Your pretty good.

manowar41

2020-01-28 17:16:19

You bought in the pullback, you didn't chase, you waited for several confirmation. i was playing this the opposite sides. i shorted above 14 then sold 12.80ish. I shold flip it but im not familiar with the ticker, so i was off and kept my profit.

WaveAtElliot

2020-01-29 12:11:36

Nicely done!

Teyrex_Trading

2020-05-09 23:38:30

thank you. I didn't even know other traders on Tradervue could comment on my trades lol

NNVC Trade on Jan 27, 2020 15:34 from Teyrex_Trading: Tradervue User Stock Trades.

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