SPWR Trade on Jan 11, 2021 08:07 from JonBrou: Tradervue User Stock Trades.

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JonBrou

 

Looking for entry on move up from $29.30. Chartmills suggests entry at 31.31 with a stop-loss at 25.48. I think I would prefer to have a $1 stop-loss of $28.3 and look for exit around $32 or above, but that runs the risk of stopping out. Will depend on pre-market action to see if I jump in or not.

Ended up buying at 28.75 in the pre-market. Had a good move up in the morning. Got to around 31 before it reversed for the day and closed around 29.88. I had a $1 stop-loss at 27.75 and a limit sell at 32, but neither hit and the order was cancelled. Holding for a long-term swing trade. Hopeful for some action on some Biden policy announcements.

EDIT:
I placed a limit sell of half the position at $50 which hit, but the price kept climbing as I suspected might happen. Placed a trailing stop loss of I believe 5% which hit pretty quickly after the peak was reached. Market flash crash took the price down with it and closed my position for a profit of around $450. May look for reentry if the price drops quite a bit.


Execution detail:

Date/time Symbol Side Price Position
2021-01-11 08:07:20 SPWR buy $28.750 long
2021-01-25 09:48:04 SPWR sell $50.000 long
2021-01-25 10:40:56 SPWR sell $52.108 0


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