ORCL went up on strong earnings and trended up nicely in after hours and pre market hours. This was a momentum trade at the open and I bought when it broke over the pre mkt and after hours high of 33.90 and added on a break of 34. Stock came back in under my buy price so I got out because this was the a momentum trade and I am playing for a big surge of buying which did not happen. Could have had a bit of a wider stop but this turned out to be more of a trade to hold kind of stock which I did later in the day nicely to more than make up for this small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-19 09:30:11 | ORCL | buy | $33.920 | long |
2012-12-19 09:32:11 | ORCL | buy | $34.010 | long |
2012-12-19 09:59:54 | ORCL | sell | $33.870 | long |
2012-12-19 09:59:54 | ORCL | sell | $33.870 | 0 |
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!