Shared by
cwainscott_BOWS
Stock was bouncing off of the MA's. I bought in a pullback and scaled out 1/3 position along the way. I held on to 400 shares to sell when it got over 9 but then it started tanking. By the time I put in my sell order it was already down to 8.59. Overall I think I did pretty good on this trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-04 09:56:00 | OREX | buy | $8.140 | long |
| 2015-03-04 10:07:00 | OREX | sell | $8.620 | long |
| 2015-03-04 10:59:00 | OREX | sell | $8.700 | long |
| 2015-03-04 13:36:00 | OREX | sell | $8.590 | 0 |
Comments
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!
Nice entry! Well managed. Tough to nail the last exit. I would only say that after the stock had broke above the significant resistance level (from yesterday at 8.80) and began stalling out below 9 after forming such a long pattern below 8.80, I would look to exit. Nonetheless a very nice trade.