Shared by
EliBrown
I watched this stock make a monster run after I had froze at 9:45 am EST deciding whether or not I should go long as it was flagging. Very depressing to say the least. I froze a second time as the stock made a perfect quick pullback buy to the 9 EMA, thinking the run was over. Finally, I decided to enter on the second quick pullback buy and I scaled out into the rip. I went long again as the stock began basing just above the 20 EMA. The stock started rounding, forming a make-shift 1-2-3 reversal (or just a deeper pullback) and my stop was triggered at 51.33.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-02-25 11:12:50 | SM | buy | $51.130 | long |
| 2015-02-25 11:22:29 | SM | sell | $52.420 | long |
| 2015-02-25 11:27:40 | SM | sell | $52.240 | 0 |
| 2015-02-25 12:14:01 | SM | buy | $51.730 | long |
| 2015-02-25 12:45:22 | SM | buy | $51.840 | long |
| 2015-02-25 12:52:54 | SM | sell | $51.330 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!