LNCO Trade on Dec 16, 2014 14:07 from youngcb1_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
youngcb1_BOWS

 

In the attempt to recover from my losses, this stock held support and began to curl upwards. I entered a long position with a stop at 10.30. Once it broke above the first major resistance at 10.50 I scaled out 100 shares. It spiked up again and I scaled out another 100. Once it started to get closer to 11 I knew at some point it was going to hit heavy resistance and either consolidate or drop back down before the market ended. Once it hit the 10.90 mark I just took the rest of my shares. As predicted, the stock spiked a little bit passed 11 and dropped back down before the market closed.


Execution detail:

Date/time Symbol Side Price Position
2014-12-16 14:07:19 LNCO buy $10.390 long
2014-12-16 15:14:11 LNCO sell $10.630 long
2014-12-16 15:19:46 LNCO sell $10.720 long
2014-12-16 15:46:31 LNCO sell $10.900 0


Comments

2014-12-17 15:48:43
 

Like your entry. Good job.

Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in