NETE Trade on Nov 21, 2014 11:59 from mirko_BOWS: Tradervue User Stock Trades.

Made a higher low and kept the round number ($2) support above the MAs on the daily so I went long looking for a day long continuation move but no go. Made a mistake of buying into the strenght and it was also the lunch time.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-11-21 11:59:17	NETE	buy	$2.048	long
2014-11-21 11:59:17	NETE	buy	$2.050	long
2014-11-21 11:59:17	NETE	buy	$2.048	long
2014-11-21 12:21:54	NETE	sell	$1.980	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NETE&trade=1580841&end=20141221&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NETE&trade=1580841&end=20141121144154&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-11-22 14:32:30

Not sure of this one buddy I can't exactly read it two-minute charts are always a little tricky for me but I personally don't see the setup

mirko_BOWS

2014-11-22 17:36:55

Roger that, I switched it to 5min where it's perhaps more clear now. I had the idea but perhaps my thinking wasn't right:

Basically it held the round number support ($2) which is also above the MA on the daily and was making higher lows after the initial pullback so was looking for a continuation at least to HOD.

NETE Trade on Nov 21, 2014 11:59 from mirko_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax