AHT Trade on Apr 30, 2021 09:30 from sanchezm: Tradervue User Stock Trades.

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sanchezm

 

AHT had been falling from its initial spike in June. Clear downtrend but looking to go long on the pullback. AHT had bottomed out and then had a huge igniting bar, volume and all, taking out 4 pivots and topping tail and the 5th pivot. Next day was a small pullback, a resting bar. I had high conviction that on the daily it was playing out as a 3 bar setup. So i bought in right at market open since i was working that day and could not wait for a tighter entry. set my stop just below the previous days low. when i checked later in the day and saw the trade working, i set a trailing stop which kept me in the game till near the top. Traling stops can be tricky because without enough space, you'll get tagged out before it reaches its final destination, too loose a stop, and you can lose potential gains. I start the trade with a Stop market and a Stop limit on the upside. If the trade is going according to plan, i will switch to a trailing stop and adjust it throughout the day according to volatility and conviction.


Execution detail:

Date/time Symbol Side Price Position
2021-04-30 09:30:01 AHT buy $2.350 long
2021-04-30 13:43:38 AHT sell $2.750 0


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