WTW Trade on Oct 19, 2015 10:08 from rsteckly: Tradervue User Stock Trades.

Gravatar

Shared by
rsteckly

 

Macro situation: SPY looked to open stable. I've also seen from experience that these day trading enthusiasm stocks develop a market of their own if the interest is strong enough.

I checked the social feed on trade ideas. I saw WTW was off the chart in interest and it moved up 100% in premarket on news that Oprah was an investor (10%) and joining the board.

I knew that most day traders would understand and get very excited about this popular stock. I watched it in the first 30 minutes, saw that it was forming the ascending bull flag pattern that a lot of heavily day traded stocks form.

I then entered on a pullback to the EMAs.

What was different about this trade is that as I made money, I added shares on each flag and moved the stop up. I've seen this ascending bull flag pattern before.

I also anticipated the pole of a flag and sold half into one of the higher poles.

However, I was a little impatient and took the rest off in between one of the flags. The reason is that it had moved below the EMAs and I was concerned that it would roll over.


Execution detail:

Date/time Symbol Side Price Position
2015-10-19 10:08:33 WTW buy $12.190 long
2015-10-19 10:08:33 WTW buy $12.190 long
2015-10-19 10:08:34 WTW buy $12.190 long
2015-10-19 10:08:34 WTW buy $12.190 long
2015-10-19 10:16:55 WTW buy $12.120 long
2015-10-19 10:16:55 WTW buy $12.120 long
2015-10-19 10:16:55 WTW buy $12.120 long
2015-10-19 10:16:55 WTW buy $12.120 long
2015-10-19 10:16:56 WTW buy $12.120 long
2015-10-19 10:16:56 WTW buy $12.120 long
2015-10-19 10:16:56 WTW buy $12.120 long
2015-10-19 10:16:56 WTW buy $12.120 long
2015-10-19 10:16:56 WTW buy $12.120 long
2015-10-19 10:33:17 WTW buy $12.472 long
2015-10-19 10:33:17 WTW buy $12.472 long
2015-10-19 10:54:03 WTW sell $13.000 long
2015-10-19 11:32:39 WTW buy $12.797 long
2015-10-19 11:50:35 WTW sell $12.555 0


Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in