UNH Trade on Apr 16, 2015 09:37 from camilogomez38: Tradervue User Stock Trades.

Gravatar

Shared by
camilogomez38

 

Company reported better than expected results, and they raised guidance, so my thought is to go long, however, I need to be careful as there are plenty of resistance areas on the sight. The stock is opening +2.75% (My previous resistance levels (now support I guess) are 120.50-121.00. I want to watch the behavior closely for a gap & go play to the 122 with authority.

Review
The stock has been consolidating in a bull flag type pattern, however, I decided to close the trade as I do not see it can pass above 121.50. Every time it reaches 121.50 it fails. I closed it as I do not want to give my money back in a quick sell off.

Time will tell. I will review at the end of the day


Execution detail:

Date/time Symbol Side Price Position
2015-04-16 09:37:01 UNH buy $120.840 long
2015-04-16 11:20:28 UNH sell $121.340 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in