MU Trade on Jul 14, 2015 10:41 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

After the price gapped and crapped in the morning, it held a lower high around $19.20 right on the MA. Anticipating the price to respect that MA again, I took it long when it pulled back to it at $19.47. I entered with partial size and then added in the rest when the price action confirmed what I thought might happen. As the action popped higher, I covered and then re-added my covers when price appeared to be pushing higher. This worked really well for me today and I think I need to implement this strategy more regularly. It is a great way to lock in gains in the event of a quick pop and drop but it allows me to capitalize on further favorable price movement as well.


Execution detail:

Date/time Symbol Side Price Position
2015-07-14 10:41:47 MU buy $19.470 long
2015-07-14 10:49:57 MU buy $19.570 long
2015-07-14 11:01:00 MU sell $19.690 long
2015-07-14 11:23:20 MU buy $19.730 long
2015-07-14 11:30:56 MU sell $19.790 long
2015-07-14 11:40:16 MU sell $19.740 0


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