RALY Trade on Mar 20, 2015 10:56 from foldelinio_BOWS: Tradervue User Stock Trades.

17.10M float/8.80%/61.00% institutionals

Stop: 13.10$
R: -1

Stock looked pretty good actually. Gap up on volume aboveresistance at 13$ which was resistance twice on the daily. Holds the gap, starts to roundand breaks the lower high. I get in on a little retracement and volume dies right away. So again, I scratched the trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-20 10:56:35	RALY	buy	$13.190	long
2015-03-20 11:13:47	RALY	sell	$13.122	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RALY&trade=2087864&end=20150419&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RALY&trade=2087864&end=20150320133847&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RALY&trade=2087864&end=20150320113747&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

pstark89

2015-03-20 15:40:45

Reached for this one. When you are playing gappers like this, get your entry as close to support as you can or just go on to the next trade. Just my advice from many losing experiences. :)

RALY Trade on Mar 20, 2015 10:56 from foldelinio_BOWS: Tradervue User Stock Trades.

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