ULTA Trade on Mar 18, 2013 12:15 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

Perfect short squeeze over a round number. Topticked the sell within 1 cent. Perfectly executed. +$70


Execution detail:

Date/time Symbol Side Price Position
2013-03-18 12:15:38 ULTA buy $74.030 long
2013-03-18 12:32:52 ULTA sell $74.730 0


Comments

Gravatar kunal00
2013-03-18 19:12:25
 

oh shit u had the perfect entry... very nice.. and perfect sell1

Gravatar davewaztrades
2013-03-18 19:32:38
 

Nice trade. Was the 74.73 sell target based on the previous day consolidation? R's?

2013-03-18 19:35:39
 

Yep based on a few things Dave:

  1. Congestion from the previous day around $74.75
  2. $74.75 put me above 2:1 r/r with my stop at $73.72
  3. Big stocks usually move in 25-50 cent blocks. 2 cents below the 75 cent mark. And look where it turned around...lol

Works like a charm!

2013-03-18 21:26:25
 

Beaut. Makes up for Friday ha

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