ISR Trade on May 20, 2015 14:09 from jmos_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
jmos_BOWS

 

Play: Bull Flag

Stock had a PR, thought it would show strength from the opening but didn't. Lots of selling then based out and started grinding higher until real volume came in. I got in on the flag which was holding, waited for 9ema to catch up and got in. Nice entry but all i saw was how extended it was on the daily so I sold as a piker in the round #, wasn't ready mentally or technically for it. It ran exactly to the 52 week high, I didn't scale out, should have waited for round # to see how it was going to react, whether stuff or not. Not a good trade at all, left so much on the table.

Reasons to sell: not prepared, thought it was overextended, round # which should be a catalyst for chasers


Execution detail:

Date/time Symbol Side Price Position
2015-05-20 14:09:19 ISR buy $2.930 long
2015-05-20 14:09:45 ISR sell $2.990 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in