FCX Trade on Apr 28, 2015 10:56 from tee: Tradervue User Stock Trades.

Day chart: broke recent pivot high of $22 and room for $23.50

Buy: round 2. stock held the 9 area, never touched the 20. I aimed for as close to the 9 as I could and was late by $0.03, which is actually a break of the recent flag. In.

Order:
price
9 (rising)
VWAP
20 (rising)
stochastics - curling up, crossing to positive on this bar

Sell: stock made a new high on this run by $0.04 and was moving away from the 9. watched it dip below 9 and rebound (hammer candle) and work up to day high area. at this point I raised stop to $0.01 below the rising 20 as it hasn't crossed this all day. This gives the stock enough room to do it's thing. unfortunately it's thing is to dip and stop me out. that was the end of the strongest run of the day.

Lesson: Be skeptical and take profits so you an move on! The stochs gave a sell signal when the stock couldnt break the day high on the second try. add that with the breach of the 9 earlier and I should have been skeptical about taking profits vs trying to ride out a winner to the end. remember, this stock doesnt typically break out anyways.