WDC Trade on Dec 19, 2012 10:59 from ckz8780: Tradervue User Stock Trades.

Failed intraday flag breakout. I bought the break at $41.33 with a half size position since it was an anticipation play. I guess I should have waited for it to confirm above $41.44. I cut it once it violated the 5 min 20sma at $41.05. Lost $42.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-12-19 10:59:22	WDC	buy	$41.330	long
2012-12-19 11:27:38	WDC	sell	$41.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=321352&end=20130118&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=321352&end=20121219134738&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=321352&end=20121219114838&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

tdktown

2012-12-19 16:55:11

This one would have been a hard one for my to long after being up 30% in 2 weeks without any real entrancement. I would have been looking to short somewhere maybe. Lots of trapped traders.

ckz8780

2012-12-19 17:12:59

You're right. I thought it might have a bit more momentum left but it was just exhausted.

WDC Trade on Dec 19, 2012 10:59 from ckz8780: Tradervue User Stock Trades.

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