CEMI Trade on Apr 5, 2021 09:33 from rrodriguez: Tradervue User Stock Trades.

Shares traded: 200
Closed Gross P&L: $-12.00

Tags:

The lot was purchased as it moved above the 9EMA. The stock quickly began to have topping and bottoming tails.

Plan:
Strategy: Pivot one 1' chart, then bbb after 2R.
Entry Signal: Breakout past 9EMA ( positive momentum with increased volume)
Stop Entry: 5.73
Actual Entry: 5.70 (price improvement 3 cents)
Stop Loss @ : 10 cents (5.60)
Exit : 5.58 (12 cents)
R: -1.2R
What Made me break strategy: The stock quickly broke down after entry with its high range differential. Infact it went down to 5.33 in the next candle ( -41 cent drop).

Execution detail:

Date/time	Symbol	Qty	Price	Position
2021-04-05 09:33:38	CEMI	100	$5.700	100
2021-04-05 09:37:11	CEMI	-98	$5.580	2
2021-04-05 09:37:11	CEMI	-2	$5.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CEMI&trade=29696151&end=20210405103511&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CEMI&trade=29696151&end=20210405100611&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CEMI&trade=29696151&end=20210405120711&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CEMI&trade=29696151&end=20210405200000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(50)&study2=ema(200)');}

CEMI Trade on Apr 5, 2021 09:33 from rrodriguez: Tradervue User Stock Trades.

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