Shared by
doriann4590_BOWS
This was a crazy stock today. It jumped up and started forming a nice flag. I bought a few times towards the bottom of the consolidation on moving average pull backs and scaled out on the spikes. I felt very good about these trades. I also bought in right towards the end of the consolidation and sold on the first spike. Im glad I did because quickly after that it dropped like a stone.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-11-25 10:06:37 | KBIO | buy | $27.505 | long |
| 2015-11-25 10:08:28 | KBIO | sell | $28.763 | long |
| 2015-11-25 10:18:30 | KBIO | sell | $28.400 | 0 |
| 2015-11-25 10:20:53 | KBIO | buy | $27.636 | long |
| 2015-11-25 10:25:07 | KBIO | sell | $28.092 | long |
| 2015-11-25 10:28:30 | KBIO | sell | $29.410 | 0 |
| 2015-11-25 11:23:34 | KBIO | buy | $28.183 | long |
| 2015-11-25 11:25:24 | KBIO | sell | $29.604 | long |
| 2015-11-25 11:26:50 | KBIO | sell | $28.460 | 0 |
Comments
Griffendore
Nice trading man. Just a couple simple questions. On the first two entries did you get in because you though they were over sold and you started too see a rebound or were there other reasons? Great job, great sell points!
doriann4590_BOWS
Thanks guys. My first buy was buying the ORB and I sold as it approached the high of day. Each buy after that was on the bottom of the tightening range that I could see forming. At the end when it broke the flag and failed to continue higher I sold out all of my position. KBIO has been very crazy, so I think I may take a break from it for awhile.
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!
Great trading!