CLDX Trade on Nov 21, 2014 13:10 from BenLbTrading: Tradervue User Stock Trades.

Rebought after stock passed strongly through $21 making it new support level. Sold pieces into the spikes up but in looking at comments was too risky a trade and bought too close to resistance with a very slim profit of a few pennies on too large a position.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-11-21 13:10:16	CLDX	buy	$21.010	long
2014-11-21 13:21:04	CLDX	sell	$21.187	long
2014-11-21 13:25:30	CLDX	sell	$21.220	long
2014-11-21 13:26:44	CLDX	sell	$21.150	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=1579812&end=20141221&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(200)&study2=ema(50)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=1579812&end=20141121155144&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=1579812&end=20141121135144&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

Comments

kunal00

2014-11-22 14:23:24

I'm not sure you can take this trade it's a rubber band set up on the daily you're essentially buying the top at resistance point sure you got a few pennies out of it but they weren't good Pennys

BenLbTrading

2014-11-22 22:47:30

Thanks for the feedback Kunal. This was a fairly high risk trade and would've been much better earlier in the day when it was just trending upward. Buying this close to the top with such a big position for only a few pennies was not a great move and I got lucky.

CLDX Trade on Nov 21, 2014 13:10 from BenLbTrading: Tradervue User Stock Trades.

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