Coming out of 15' range but struggled staying over 78.50 so I got stopped out under a 5' base that was holding of 78.30 which was a good sell because the stock went on to test lows. Still a good looking trade but just didn't work out for a small loss but overall a good morning.
NET: -0.63R
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-22 12:43:41 | TRV | buy | $78.480 | long |
2013-01-22 13:59:26 | TRV | sell | $78.291 | 0 |
Ya I saw Spencer tweet the idea of waiting for .50 to hold. Kind of tough when these bottom out and reverse they don't necessarily "hold" .50 sometimes they just rip up continuously which makes it tough to get a good price. But it seems you were right in this case!
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!
Decent idea but I was waiting for it to hold above .50 cleanly before I got Long.
Mightv'e missed it tho if it lifted quickly.