SAAS Trade on Feb 20, 2015 10:58 from cwarren24: Tradervue User Stock Trades.

PT.
-42

This was in a really tight range. Volume started coming in so I added to my position but the price didnt move at all with the additional volume. This made me think it was breaking down so I sold my position. It went down to test the 21ma and then it gave another entry point but I had decided I was done for the day so I didnt buy again.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-02-20 10:58:05	SAAS	buy	$11.130	long
2015-02-20 11:11:05	SAAS	buy	$11.120	long
2015-02-20 11:12:15	SAAS	sell	$11.090	long
2015-02-20 11:13:15	SAAS	sell	$11.040	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SAAS&trade=1976280&end=20150322&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SAAS&trade=1976280&end=20150220123715&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SAAS&trade=1976280&end=20150220133815&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SAAS&trade=1976280&end=20150220160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

BenLbTrading

2015-02-20 14:02:50

There is nothing wrong with this trade and you had the right idea, the stock just need a little more of a pullback before bouncing. Looks like 11 was firm support for close to 30 mins so that would've been a great re-entry point. Its had to re-enter a stock once you've stopped out though, especially when you're still kind of new. I know because I've been there.

kunal00

2015-03-16 23:53:26

see how it had been grinding a little bit higher for an hour or so.. that gind tells u there is a shakeout comign.. u need to get back in once it cracks then pops back above support

SAAS Trade on Feb 20, 2015 10:58 from cwarren24: Tradervue User Stock Trades.

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