GM Trade on Dec 19, 2012 12:50 from derekrucki: Tradervue User Stock Trades.

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derekrucki

 

27.50 was big intraday support for GM and I got long at 27.53 with a stop under 27.45 hoping for a bounce off this level and a test of HOD. It was a pretty big battle at 27.50 but the seller eventually took over so I got out with a very small loss which was a great exit because the stock continued to trend down from this point. Still think this is a good setup and the risk is so small that it is worth a shot.


Execution detail:

Date/time Symbol Side Price Position
2012-12-19 12:50:17 GM buy $27.530 long
2012-12-19 13:17:02 GM sell $27.440 long
2012-12-19 13:17:02 GM sell $27.440 0


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