Shared by
BenLbTrading
I took a chance longing this on what appeared to be a pullback to support after gap up. It was a failed breakout so I stopped out for a loss.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-01-05 10:01:50 | CNAT | buy | $10.630 | long |
| 2015-01-05 10:03:42 | CNAT | sell | $10.314 | 0 |
Comments
Mari_BOWS
BenLbTrading
punished_snake_BOWS
Be careful on the days when you see gaps like this. You have to look for testing. If testing it met, its good for the long. Testing failed on this on the second third and fourth candle. Not sure if thats MB from the room, but that opinion is mine as well.
Be careful on the days when you see gaps like this. You have to look for testing. If testing it met, its good for the long. Testing failed on this on the second third and fourth candle. Not sure if thats MB from the room, but that opinion is mine as well.
Kevin, in the past few days you're already the second person who thinks I might be Maribeth.
I've been on Tradervue for almost a year and this never came up before.
I'm starting to think I have to change my username. I never even thought my name was similar enough to create confusion, lol.
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Szaman taught me that when a stock gaps up and then fades right away like this one, then it will probably fade all day. I like to short these kind of stocks. You short the pullbacks to MA-s or resistance and it often fades all day.