KPTI Trade on Feb 1, 2021 15:23 from Fedism: Tradervue User Stock Trades.

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Fedism

 

This trade was based on DD made by BioBucks on UT. This was a follow on someone else's DD. ON 2-01, I bought 50 shares of KPTI, Predetermining my risk of 77 cents with support at 14.53, with an entry of $15.30. I set to look for a sell at 16s or 17s. My goal is to reach a 1/2 R/R so .77/1.54

2-19 KPTI Daily
image

Took the entry and the trade goes against me the next day. Dropping to 14.56. Since it didn't hit 14.53 and bounced back up, means I am in good shape. A couple of days later on 2-9 KPTI moves up and hits a high 17.36. My initial reaction was to take profits at 17s, but I wanted to hope that it would continue up. I should have hoped, but also had a stop loss at $16.84 Which was suppose to be my goal. On 2/11 I sold KPTI for 15.91 per share. Thinking about the volatility coming up, I thought it was a good time to sell.

2-19: Looking now after the dip, This might be a great area to buy again, at 14.80s. Can definitely be at 17s again to test that resistance. Will evaluate it when market opens.


Execution detail:

Date/time Symbol Side Price Position
2021-02-01 15:23:04 KPTI buy $15.300 long
2021-02-11 09:54:42 KPTI sell $15.910 0


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