B C looking for bottom on a stock that's been hammered over the last 4D
le 29.51 -- poor E, no high volume that usually accompanies bottoming
add 29.11 -- poor add, still relentless downtrend
stop 29.05 -- realized my weak hand and GTFO
I front-ran entry, before volume came in.
7 min gap
reenter 28.79 -- chased, LOM 28.54 volume really picking up here
add 28.75 -- continued strong volume
x1 29.04 -- remount 29.00 after spike LOM 28.26
add 29.01 -- looking for 29.00 to hold
stop 28.72 -- lowerL
Need to take more off on 29.00 oshoot
Next time add below 29.01, this stock is still in show-me mode for longs
13 minute gap
reenter 29.26 -- big volume coming in on bo above 29.00 after LOM 29.68; really should have entered sooner
x1 29.55 -- overshoot 29.50
flat 29.51
Late to enter, power breakout above 29.00 was a good long
Good exits in 29.50's
13 min gap
le 29.06 -- mistake entry, earlier bid placed that I lost track of and thought I had cancelled; didn't realize for quite a few minutes
add 28.65 -- holding 28.5 area from one hour ago
x1 28.88 -- take off all the add ahead of 29.00
flat 28.64 -- not great price action
Ooops...
Good that I waited between reentries, really looking at price action. Have gotten into big trouble in the past fighting the trend all the way down insisting "this must be the bottom"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-09 12:35:12 | LL | buy | $29.510 | long |
2015-03-09 12:41:35 | LL | buy | $29.110 | long |
2015-03-09 12:42:44 | LL | sell | $29.050 | 0 |
2015-03-09 12:49:56 | LL | buy | $28.790 | long |
2015-03-09 12:51:39 | LL | buy | $28.750 | long |
2015-03-09 12:57:11 | LL | sell | $29.040 | long |
2015-03-09 13:00:51 | LL | buy | $29.010 | long |
2015-03-09 13:05:41 | LL | sell | $28.720 | 0 |
2015-03-09 13:19:09 | LL | buy | $29.260 | long |
2015-03-09 13:20:49 | LL | sell | $29.550 | long |
2015-03-09 13:20:53 | LL | sell | $29.510 | 0 |
2015-03-09 13:34:09 | LL | buy | $29.060 | long |
2015-03-09 13:43:52 | LL | buy | $28.650 | long |
2015-03-09 13:44:58 | LL | sell | $28.880 | long |
2015-03-09 13:51:12 | LL | sell | $28.640 | 0 |
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