KYTH Trade on Mar 5, 2015 11:30 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

I would have obviously liked to catch this one earlier but I wasn't watching it close enough. The stock gapped up and went red at the open. It found support at 44.00 and made a lower high at 45.00. The ideal entry would be at 46.00 as the EMAs were curling upwards. I entered pretty late into the rally. I went long 100 shares at 48.93 and 100 at 48.80. The stock had a pretty wide spread so I was taking quite a bit of risk on this trade. I had a stop placed at 48.10. I scaled out 50 shares at 49.88, 50 at 49.87, and the last 100 at 49.40. Luckily just before it made a deeper pull back to 48.00. The stock was have trouble getting over 50.20 level today, I will have this one on watch for tomorrow to see if it can break above.


Execution detail:

Date/time Symbol Side Price Position
2015-03-05 11:30:30 KYTH buy $48.930 long
2015-03-05 11:32:00 KYTH buy $48.800 long
2015-03-05 12:06:20 KYTH sell $49.880 long
2015-03-05 12:28:40 KYTH sell $49.870 long
2015-03-05 12:46:19 KYTH sell $49.400 0


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