SUNE Trade on Nov 18, 2014 13:18 from jmos_BOWS: Tradervue User Stock Trades.

Play: Triple tap/flag

It was forming beautiful triple tap, got in when broke round # with volume, kept going my way and then stalled. This move is suppose to work fairly fast or at least hold the break out spot and keep going which it looked like it was doing but didn't and stopped me out. Volatile stock, I always have problem nailing it.

Reason to sell: stopped out, failed break out

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-11-18 13:18:27	SUNE	buy	$21.040	long
2014-11-18 13:24:17	SUNE	sell	$20.910	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SUNE&trade=1568208&end=20141218&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SUNE&trade=1568208&end=20141118160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SUNE&trade=1568208&end=20141118135217&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-11-18 16:36:31

Fantastic buy, if your stop was that tight then you're trading too big.

Try 1/4 to 1/2 long and add big on the low volume p/b. It's been working like butter lately on these momo runners.

jmos_BOWS

2014-11-18 18:11:45

I see what you are saying but lately, the tripe tappers just rip without any pullback but it is a great method for stocks like SUNE which are not smooth amd have a wide range. Thanks!

SUNE Trade on Nov 18, 2014 13:18 from jmos_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax