PLM Trade on Sep 4, 2020 12:19 from vayderr: Tradervue User Stock Trades.

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vayderr

 

PLM hit my scanner quite some time before I took a trade on it. I saw the volume running up and seems like it might have room to squeeze further, maybe up to $6. I went long 500 shares at $5.75. I had a tight 5 cent trailing stop set on the full position, so basically used that as my profit-taking mechanism, with a limit sell set at $6.05 for profit target. The candle didn't reach it's top until later in the minute so I stopped out as the momentum pulled back before hitting 1min high on the last tall green candle just before the whole move pulled right back. In and out in less than 30 seconds for an almost 5:1 winner.


Execution detail:

Date/time Symbol Side Price Position
2020-09-04 12:19:08 PLM buy $5.750 long
2020-09-04 12:19:08 PLM buy $5.750 long
2020-09-04 12:19:31 PLM sell $5.980 long
2020-09-04 12:19:31 PLM sell $5.980 0


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