BDE Trade on Mar 18, 2015 12:03 from ToqueX: Tradervue User Stock Trades.

Shared by
ToqueX

Grade=F
I've done this severaly times now. Taking a pullback on a stock that is overextended from the previous day. I should be considering the action of the last part of the previous day. An extended run into that day's close might just encourage profit-taking by the other shareholders on the next days open after they see that it's not going to run way up. From the few times I've done this I'm starting to see that this is a pretty low-probability situation. If I were to treat this as a short setup, I could wait for confirmation and curling down and ride it to the next support. I'm glad to be analyzing this.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-18 12:03:43	BDE	buy	$10.490	long
2015-03-18 12:08:25	BDE	sell	$10.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BDE&trade=2094756&end=20150417&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BDE&trade=2094756&end=20150318160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BDE&trade=2094756&end=20150318143825&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BDE&trade=2094756&end=20150318123625&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

BDE Trade on Mar 18, 2015 12:03 from ToqueX: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax