AVEO Trade on Jun 4, 2015 10:02 from KyleErvin_BOWS: Tradervue User Stock Trades.

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KyleErvin_BOWS

 

Stock gapped up and started selling off exactly like it did yesterday. My thesis was that It would get a bounce on off the 9 ema. I got it when it held the 9 ema and had a tight stop of 5 cents which was the bounce spot/ or the low of the previous candle.

What I was looking for was a quick trade for the pullback to the vwap like it did yesterday. This wasn't a huge move or super profitable trade but it felt good because I rode it out kept my stop in place instead of trailing it up. When the stock reached the vwap on the 5 minute I sold as my thesis would dictate. I wasn't expecting it to get over the vwap and it didn't so I took profits exactly where planned.


Execution detail:

Date/time Symbol Side Price Position
2015-06-04 10:02:05 AVEO buy $2.610 long
2015-06-04 10:34:15 AVEO sell $2.700 0


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