CRIS Trade on May 12, 2021 14:23 from yoosh: Tradervue User Stock Trades.

Gravatar

Shared by
yoosh

 

The high of this stock was technically above $17 but that was during the spike in the morning. After the stock was trying to break $16.50ish for the rest of the day so I bought a break of this. There was increased volume so I thought it looked good. Unfortuntaly it got slammed down pretty hard.

When I entered my risk level was at $15 so I was risking $1.5 per share. So my target was $19.

As soon as I bought I realised the stock was in a nice channel and I bought he top of the channel. In hindsight, it would be good to buy near the bottom and potentially with starter size to avoid big losses.

There was one moment when it broke and went up to $17 but that did not last long and the stocks rejected. I sold once a trend broke before my risk level was hit because I knew this stock would not really do what I want.

The other bad thing was that this stock was having earnings at market close so I 100% wanted to sell before market close.

Float was high 100M ish and market cap was >1b


Execution detail:

Date/time Symbol Side Price Position
2021-05-12 14:23:10 CRIS buy $16.540 long
2021-05-12 15:36:55 CRIS sell $16.106 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