Stock gapped up on an earnings beat. I was stalking this one for an entry as it was making higher lows but it did not have the juice to make its pre-market highs of 3.50 which was my first target. I entered 1500 shares at 3.32 with a stop at 3.25. I sold 500 shares at 3.38 as the stock was grinding upwards riding along the 9 EMA. I sold the remaining 1000 shares as the 9 EMA was broken at 3.36 for a small gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-03 11:50:30 | MDR | buy | $3.320 | long |
2015-03-03 13:34:23 | MDR | sell | $3.380 | long |
2015-03-03 13:46:34 | MDR | sell | $3.360 | 0 |
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!
Good trade. Not much more to be had even if you hit the exact top. Well done