ONVO Trade on Mar 13, 2015 09:43 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

My plan going into this trade today was to look for a long entry below 4.49. The stock ended up gapping up after opening up outside of the Bollinger Band yesterday and being oversold. I took a trade right at the resistance level I had put as my target. The trade needed to be passed on as I did not account for this scenario and it was already at my target and unlikely to breakout or would need more time then what I was giving it. I went long 500 shares at 4.72 with a stop at 4.60. The resistance level was at 4.77, right below my entry. The stock was to extended running into this level and had formed no coil underneath. I didn't think this one through at all. I ended up getting stopped out as it hit resistance and dumped below the 9 EMA.


Execution detail:

Date/time Symbol Side Price Position
2015-03-13 09:43:18 ONVO buy $4.720 long
2015-03-13 10:03:16 ONVO sell $4.600 0


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