Setup - PR with a pre-market move up - suggesting a long position
Daily chart - it had been forming a base at around $0.50 for several months, and then started breaking out probably due to some news(base breakout). So, a news on a very small cap stock can show big moves, as it happened today.
Intraday (5-min) - entered at a squeeze after some consolidation, then played a flag breakout off of 9 EMA, and another shaking flag a little later (see screen shot below for details).
Entries: $1.51, $1.71, and $1.80, and tried on the short side at $1.80 in the afternoon session (got stopped as this was a strong move stock today, bad news in the after hours though)
Stop loss: $ $1.46 (right under all the EMAs, risking 5c)
Target: $1.64 at least (anticipated a squeeze over the HOD)
Exit: sold into the spike scaling, re-entered on 2 more flags and tried one short position later in the day
Had a couple of more entries and got stopped.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-25 11:08:45 | CLRX | buy | $1.510 | long |
2015-02-25 11:08:45 | CLRX | buy | $1.510 | long |
2015-02-25 11:08:45 | CLRX | buy | $1.510 | long |
2015-02-25 11:08:45 | CLRX | buy | $1.510 | long |
2015-02-25 11:08:45 | CLRX | buy | $1.510 | long |
2015-02-25 11:12:52 | CLRX | sell | $1.550 | long |
2015-02-25 11:16:37 | CLRX | sell | $1.570 | long |
2015-02-25 11:16:37 | CLRX | sell | $1.570 | long |
2015-02-25 11:16:37 | CLRX | sell | $1.570 | long |
2015-02-25 11:16:37 | CLRX | sell | $1.570 | long |
2015-02-25 11:24:00 | CLRX | sell | $1.630 | long |
2015-02-25 11:27:20 | CLRX | sell | $1.690 | long |
2015-02-25 11:33:58 | CLRX | sell | $1.750 | 0 |
2015-02-25 12:02:27 | CLRX | buy | $1.770 | long |
2015-02-25 12:02:29 | CLRX | buy | $1.770 | long |
2015-02-25 12:03:45 | CLRX | sell | $1.750 | 0 |
2015-02-25 12:05:22 | CLRX | buy | $1.750 | long |
2015-02-25 12:07:12 | CLRX | sell | $1.729 | long |
2015-02-25 12:07:15 | CLRX | sell | $1.723 | long |
2015-02-25 12:07:15 | CLRX | sell | $1.724 | long |
2015-02-25 12:07:16 | CLRX | sell | $1.722 | 0 |
2015-02-25 12:16:02 | CLRX | buy | $1.710 | long |
2015-02-25 12:16:02 | CLRX | buy | $1.710 | long |
2015-02-25 12:16:02 | CLRX | buy | $1.710 | long |
2015-02-25 12:23:37 | CLRX | sell | $1.790 | long |
2015-02-25 12:25:05 | CLRX | sell | $1.830 | long |
2015-02-25 12:46:53 | CLRX | buy | $1.830 | long |
2015-02-25 12:46:53 | CLRX | buy | $1.830 | long |
2015-02-25 12:59:49 | CLRX | sell | $1.757 | long |
2015-02-25 12:59:50 | CLRX | sell | $1.752 | 0 |
2015-02-25 13:14:35 | CLRX | buy | $1.840 | long |
2015-02-25 13:17:10 | CLRX | sell | $1.793 | long |
2015-02-25 13:17:18 | CLRX | sell | $1.792 | long |
2015-02-25 13:17:21 | CLRX | sell | $1.791 | 0 |
2015-02-25 13:21:18 | CLRX | buy | $1.800 | long |
2015-02-25 13:21:22 | CLRX | buy | $1.800 | long |
2015-02-25 13:28:49 | CLRX | sell | $1.900 | long |
2015-02-25 13:28:49 | CLRX | sell | $1.900 | long |
2015-02-25 13:33:54 | CLRX | sell | $1.980 | long |
2015-02-25 13:38:37 | CLRX | sell | $2.000 | long |
2015-02-25 13:44:31 | CLRX | sell | $1.880 | 0 |
2015-02-25 14:09:26 | CLRX | sell | $1.810 | short |
2015-02-25 15:32:05 | CLRX | buy | $1.860 | 0 |
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