GPRO Trade on Apr 29, 2015 10:13 from tee: Tradervue User Stock Trades.

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Day Chart: earnings gap up

Buy: Gap up, run, pullback, potential bounce. Bought $0.30 away from rising 9ema, which I should have aimed for closer. Stop was day low.

Order:
VWAP ***(price broke it)

price
9 (flat)
20 (rising)
stochastics - negative and cracking 80 line. bounce would curl this back up though.

Sell: stop a few cents above day low, which is where it might have G2R run anyhow.

Lessons: it was aggressive but the real move came later. I stalked it all day but had funds tied up in other trades. I saw where the 20 rose up and caught up to the 9 around 12:50pm. stock dipped under 20 and held, I pointed out that it was the best entry of the day @ $52.25. stock eventually tested VWAP for 3rd tap (even more support for bullish case), bounced back to rising MAs which were also above entry price. Highest spot of the run was $53.51 and realistic stop out would be $53.31. That's a $1.06 missed opportunity which would also have turned my day's results around.


Execution detail:

Date/time Symbol Side Price Position
2015-04-29 10:13:00 GPRO buy $52.470 long
2015-04-29 10:24:00 GPRO sell $52.040 0


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