RRC Trade on Dec 17, 2014 09:56 from youngcb1_BOWS: Tradervue User Stock Trades.

I woke up and late and entered the stock late. The stock was consolidating and once it broke resistance I entered the trade for a long position with a stop at 59.70. It spiked up and began to consolidate again so I scaled out my first half of shares. Once it couldn't break through resistance and showed signs of reversing I exited the my position.

I missed the pullback play but once I exited I didn't expect to recover the way it did. There was a whole lot of profit available if I would've re-entered.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-17 09:56:08	RRC	buy	$59.890	long
2014-12-17 10:04:19	RRC	sell	$60.440	long
2014-12-17 10:10:37	RRC	sell	$60.210	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RRC&trade=1635542&end=20150116&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RRC&trade=1635542&end=20141217123537&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-12-17 15:48:12

The pullback creating a higher low which is bullish. Definitely could have gotten back in the trade.

RRC Trade on Dec 17, 2014 09:56 from youngcb1_BOWS: Tradervue User Stock Trades.

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