APKT Trade on Aug 30, 2012 10:51 from ckz8780: Tradervue User Stock Trades.

Attempted round number intraday breakdown at $19.00. This failed as APKT was very strong due to rumors of being bought out by Cisco. These trades don't seem to work very well so I have eliminated them from my trading arsenal. Intraday-only plays should only be taken in stocks that are in extreme areas (high volume, high gain, PR, earnings, etc). APKT had that the day before but on this day there was no reason for it to fall as it was just consolidating the previous day's move.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-08-30 10:51:42	APKT	sell	$18.950	short
2012-08-30 11:00:48	APKT	buy	$19.120	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APKT&trade=226294&end=20120929&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APKT&trade=226294&end=20120830132548&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APKT&trade=226294&end=20120830112748&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2012-09-04 16:59:55

this one was a tad extended intraday. it was just a tough entry there i see the taps on 19 but this is an over all strong stock the day before and that early morning dip was bougt...

ckz8780

2012-09-04 17:40:52

Ah great point on that early morning dip. I need to be on the lookout for that. Same thing w/ early morning spikes being sold off and then trying to go long. Thanks for the comment!

APKT Trade on Aug 30, 2012 10:51 from ckz8780: Tradervue User Stock Trades.

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