OCLR Trade on Oct 22, 2015 13:25 from Mari_BOWS: Tradervue User Stock Trades.

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Mari_BOWS

 

0.5R

Stock was up on earnings. There was some resistance on the daily chart.

ENTRY: I entered the day-long consolidation with a stop $0.04 from entry at $2.78 (under price support).
First target was near HOD. 2R target was right above HOD at $2.91.

EXIT: no EOD run happened and I sold for a small gain.


Execution detail:

Date/time Symbol Side Price Position
2015-10-22 13:25:16 OCLR buy $2.830 long
2015-10-22 13:25:27 OCLR buy $2.820 long
2015-10-22 15:54:05 OCLR sell $2.850 long
2015-10-22 15:55:07 OCLR sell $2.840 0


Comments

2015-10-22 21:06:29
 

I like this idea for a trade....only thing i see that looks a little skeptic is the second attempt at 2.90 at around 10:30 am seems to be a failed breakout of the daily chart resistance...your entry looks pretty clean on the base breakout.

2015-10-22 21:07:36
 

just didn't go, may have been a little early to hit after huge spike up

2015-10-23 08:19:56
 

acelaw2000 interesting comments! Thanks!

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