Gapped up on a PR. After the stock was pulling back from its pre-market highs of 20.72 I was watching for rounding price action below the VWAP for an entry, anticipating a breakout of the VWAP. I entered at 19.03 with a stop at 18.41 below price support. I would have liked to get this a lot lower where my risk was lower so I only took a 100 share position. The stock broke above the VWAP but had no push to continue higher. I ended up exiting at 19.10 for a small gain. The stock did end up breaking back above the VWAP later in the day, making a run up to 20.17 into the close but I had stopped watching it by this point.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-18 10:48:53 | RTRX | buy | $19.030 | long |
2015-03-18 11:40:34 | RTRX | sell | $19.100 | 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!