ICLD Trade on May 11, 2015 11:37 from tee: Tradervue User Stock Trades.

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tee

 

Day Chart: flag break, continued move up.

Buy: downtrend/flag broken. remounted 9 and VWAP, bought right at $4.44 where both intersected.

Sell: raised stop. although stock spiked to 4.55 (bought 4.44), pullback was supported at 4.44 and I just took what I could in case the stock reversed.

Lesson: If you look at daily, the day's high might be a short-term reversal area so all bounces might not be so strong. In looking back, this was true, had lower highs all day. Not the greatest day chart to enter.
Had I gotten a slightly more aggressive entry, I could have stayed longer and rode out what turned out to be a flag before one last push to 4.60 area (vs 4.48 stop out).


Execution detail:

Date/time Symbol Side Price Position
2015-05-11 11:37:00 ICLD buy $4.440 long
2015-05-11 11:49:00 ICLD sell $4.480 0


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