ABBV Trade on Mar 18, 2015 11:25 from tombro: Tradervue User Stock Trades.

Pullback. Stock Price on entry 59.89. Resting order to exit .21
Base .40credit/.60risk, Position 80/120, Position 75/125 with expiration, Position 70/130 with exit
Where are MA's: price tapped 50DMA today @ 60.45
MA's-Direction & details: 20 &200 sideways 50DMA down
Time Frame Alignment: Stock in Downtrend since DEC, and I thought it was at top of downtrend line on daily, but it is actually slightly above it
Volume: 11.76m
Market action-Spy-Sectors-stock: Spy gapped down .2%, then chopped around in a .50 range to the 2pm FOMC announcement, then the market charged upward (almost 1% in 10 minutes) ending +1.2
Stop: 61 Breakeven 60.40
Target: 20%
Notes: R/R 40/60 base 35/65 w/commish& expiration 30/70 w/exit
+$10 = BE = .$.35 price of spread to close
+$21 = 15% = .295
+$38 = 20% = .$.21
+$45 = 25% = .175 exit price
+Expiration = 53.8%