there's my reason for longing. it's not a good trade though. if anything should've been shorting, 50ma on daily is at 41.3.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-11 15:25:00 | WUBA | buy | $42.130 | long |
2014-12-11 15:41:00 | WUBA | sell | $42.010 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
I see your what you are looking at, but as it was pulling back it never did base. You just bought a stock that was pulling back. When a stock is pulling back it is idea to let the stock finish pulling back and if the next candle open higher then the previous candle low; you will have a define level to base support off of.