CAPN Trade on Apr 2, 2015 09:41 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

I was watching for a breakout of 7.10 with a flattop breakout on the daily. The stock gapped above this level which was a strong sign so I was looking to enter early. After the first spike through 7.50 I was watching the 1 minute for a pullback to enter. After it pulled back to the VWAP and began rounding upwards I entered a 500 shares position at 7.69 and placed a hard stop at 7.55. I scaled out 100 shares at 7.87 on the first spike. I passed on the re-entry as it flagged. Again, not wanting to give back my gains but both this one and the flag in NYMX were ideal entry points. After it had broke out of the flag I scaled out another 100 shares at 8.02 into my resistance line at 8.00. I made a mistake with my last 300 shares. I had a sell limit order placed at 8.19 for 100 shares but as the stock continued to grind higher I began trailing the order higher. I had it placed at 8.25 and the stock never made new highs after hitting 8.24. I got a little bit to greedy. I sold the 300 shares at 8.04 after it had broke its trend. Paying attention to the sell volume on the 1 minute chart saved me from getting caught as it flushed through $8.00.


Execution detail:

Date/time Symbol Side Price Position
2015-04-02 09:41:18 CAPN buy $7.690 long
2015-04-02 09:42:24 CAPN sell $7.870 long
2015-04-02 10:11:29 CAPN sell $8.020 long
2015-04-02 11:01:58 CAPN sell $8.040 0


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