KMX Trade on Apr 2, 2015 09:46 from TVISIGN_BOWS: Tradervue User Stock Trades.

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This trade came up as a pre market gapper as well as a stock in new highs. Being that it had no resistance meant it was from the best from the gappers, because of that I was looking for a opening range breakout.

Mistakes that I can now see is that the first 5min bar seems extended (I not entirely sure, share your view.) That I should have waited for a pull back or flag. Also I had an order that didn't get filled nor did I cancel it so I had twice the amount of shares.

Not a perfect trade but still green.


Execution detail:

Date/time Symbol Side Price Position
2015-04-02 09:46:36 KMX buy $74.080 long
2015-04-02 09:54:19 KMX buy $73.650 long
2015-04-02 10:55:12 KMX sell $75.250 long
2015-04-02 11:05:23 KMX sell $75.040 0


Comments

2015-04-02 16:35:33
 

The first candle does look extended, but I'm no expert on this. I agree with your analysis too. I wouldn't have dared to enter where you entered. Nice trade though!

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