HAL Trade on Apr 20, 2015 11:58 from camilogomez38: Tradervue User Stock Trades.

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camilogomez38

 

This one was tricky one. Earnings were good and I had 46.30-46.50 as support, and 47.50-48 as resistance on my prep work. (I am getting close to being stopped out on the first hour so I have decided to wait at least until 10:15 am for price action to confirm on all my ideas before placing trades, reason why when I saw this stock cross over resistance and then consolidate at 48, I did not go long).

By the time I had planned to take trades (after 10:15) the stock had already made its high of the day, so I identified 48.43 as possible support for a move back to the highs, however, the stock kept drifting lower and I was stopped out.

Making the review I think I did not consider that 48.80 was prior resistance so a move lower was possible.


Execution detail:

Date/time Symbol Side Price Position
2015-04-20 11:58:23 HAL buy $48.460 long
2015-04-20 12:32:51 HAL sell $48.300 0


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