CAFD Trade on Dec 2, 2015 10:44 from Constantine_BOWS: Tradervue User Stock Trades.

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Constantine_BOWS

 

Bought a first pullback here. The stock showed strenth when broke the 20 and 50 MAs at the morning gap up. So I decided to buy with a stop under days low. The target is days high. Will close half position at 13.50 and will left the rest for a ride if it goes. Risk/reward 1/5.
The only thing i hate in this stock is a low volume.

May be I am gone mad, but this stock has broken the days low level and i was stopped out there at the first time. And now the stock has fixed under the level of its previous support. So I think, that this level could be a new resistance now. I placed my stop at 12.92 level.


Execution detail:

Date/time Symbol Side Price Position
2015-12-02 10:44:34 CAFD buy $12.920 long
2015-12-02 11:42:32 CAFD sell $12.760 0
2015-12-02 13:06:33 CAFD sell $12.780 short
2015-12-02 14:19:33 CAFD buy $12.920 0


Comments

Gravatar Sayed
2015-12-02 12:08:59
 

Stock has been fading hard since open, This type is better short on any bounce, not long.

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