CIEN Trade on Dec 12, 2014 09:56 from youngcb1_BOWS: Tradervue User Stock Trades.

Wasn't able to time the spike during the open so I waited for the pullback. Pullback occurred so I entered a long position with a mental stop at $18.35. The price range on this stock was small but I was hoping for at least a spike to $18.70. Once I entered the stock began to rest and had a few shake out attempts. However, the stock continued to tap resistance so I held my position. Eventually it popped up past resistance but the profit was to low so I scaled out on the second spike. After that, the stock didn't have enough of a push to reach 18.70 and I exited as soon as it began to get closer to my entry.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-12 09:56:29	CIEN	buy	$18.450	long
2014-12-12 10:27:58	CIEN	sell	$18.650	long
2014-12-12 10:50:14	CIEN	sell	$18.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CIEN&trade=1615811&end=20141212130014&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CIEN&trade=1615811&end=20141212130014&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CIEN&trade=1615811&end=20141212110214&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CIEN Trade on Dec 12, 2014 09:56 from youngcb1_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax