NUZE Trade on Nov 12, 2021 11:39 from Thysweetplum: Tradervue User Stock Trades.

Gravatar

Shared by
Thysweetplum

 

Choppy trade. Price went below a Daily support level, but then I saw it reverse and a huge candle with big volume went back above the support level, waited for a little pullback to the level, and got in.

Was a "Stock In Play" because it had good news about increasing its product line in Walmart stores.

Low float too, adds to the size of the potential move.

In a downtrend all day, so I went in knowing it would be a quick scalp. Should have gotten out sooner, as the price was moving up. I will learn and know this for next time. All in all, profit was made.

Next time need to look at 5 minute chart, in confluence with the 1 min. Because 5 min chart was in a severe downtrend, still below the 9 and 20 EMAs. If I saw that, I probably would have left the trade alone.

6/10


Execution detail:

Date/time Symbol Side Price Position
2021-11-12 11:39:44 NUZE buy $5.150 long
2021-11-12 11:59:37 NUZE sell $5.210 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