There was some selling at 28.90 and a tight range on the 5 min was being formed. Once .90 lifted I got long but got stopped out once the stock sold off under the base of this intraday range. Again, I took this off my screen but should have looked for another entry when it went back above .90 a second time on bigger volume. Took a small loss on this and should have kept an eye on this stock for a second entry since the price action was bullish again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-19 10:35:30 | TMH | buy | $28.900 | long |
2012-12-19 10:42:04 | TMH | sell | $28.830 | long |
2012-12-19 10:42:04 | TMH | sell | $28.830 | 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!
Not a bad trade even though it went against you. With the big gap down after so much green to the daily ma, not a bad place to play breakout.