ADNC Trade on Oct 31, 2014 12:55 from Mari_BOWS: Tradervue User Stock Trades.

Setup on daily: Earnings Breakdown
Setup intraday: Day-long Consolidation
Reasons to enter: price close under 9EMA.
Concerns: Stochastics on daily very oversold, around 5.
Stop: $3.63 - right above 20 DMA.
First target: $3.32 - just a target.
R/R 2:1 - good!

I decided to exit in halves. I should probably still exit in thirds. I should have entered earlier too, around 11.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-31 12:55:00	ADNC	sell	$3.520	short
2014-10-31 13:35:00	ADNC	buy	$3.300	short
2014-10-31 15:24:00	ADNC	buy	$3.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ADNC&trade=1536610&end=20141130&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ADNC&trade=1536610&end=20141031160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ADNC&trade=1536610&end=20141031160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ADNC&trade=1536610&end=20141031160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-10-31 20:01:11

THATS picture perfect..i like the 2nd sell too u let the stock ride to get the big gain..and it popped a little and u covered it but u gave it a chance.

ADNC Trade on Oct 31, 2014 12:55 from Mari_BOWS: Tradervue User Stock Trades.

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