GTAT Trade on Sep 22, 2014 14:29 from silverholden: Tradervue User Stock Trades.

Got a little lucky with this one. Saw news pop about these guys and AAPL, pulled up the chart and saw the big spike, and jumped in with both feet. Certainly a chase, by I figured that it was down a bunch on the daily, and also had based out intra day, so may be due for s good move back long. Ended up working out well, although the R/R was not very good due to my entry. I toyed with holding some overnight, but have been burned by this stock in the past on a gap down, so decided to unload when it began a pullback.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-09-22 14:29:10	GTAT	buy	$11.040	long
2014-09-22 14:29:10	GTAT	buy	$11.040	long
2014-09-22 14:29:10	GTAT	buy	$11.040	long
2014-09-22 14:31:50	GTAT	sell	$11.260	long
2014-09-22 14:48:32	GTAT	sell	$11.440	long
2014-09-22 15:39:39	GTAT	sell	$11.310	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1338091&end=20141022&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1338091&end=20140922200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1338091&end=20140922174439&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

jmos_BOWS

2014-09-23 09:20:28

Nice. I understand it is a chase but if you can catch the news within the first 2-3mns, I think it is ok to chase a bit because it can really run..but once that first candle is in, then it is a different story

GTAT Trade on Sep 22, 2014 14:29 from silverholden: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax