LNCO Trade on Dec 17, 2014 14:18 from chanel: Tradervue User Stock Trades.

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chanel

 

Flat Top Breakout - Was waiting to see if it could break above the $12.60 area for a nice run but exited when it failed to run.

Areas of Confluence:
- Four taps to $12.60
- Coiled under $12.60
- Respected the 9EMA and VWAP


Execution detail:

Date/time Symbol Side Price Position
2014-12-17 14:18:43 LNCO buy $12.500 long
2014-12-17 14:21:22 LNCO sell $12.420 0


Comments

2014-12-18 21:26:53
 

Not a bad thought process behind this although it was already pretty far to the upside when you got in and probably needed a rest.

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