AEZS Trade on Mar 3, 2016 10:47 from JasonC_BOWS: Tradervue User Stock Trades.

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JasonC_BOWS

 

This one was not a big play. Just did a quick scalp off a pullback. $AEZS was riding above its 9EMA all morning. Once I saw it setting up I took my chances for another rip over HOD. Once it pulled back I got out. Did not have intentions on holding.

P&L: $500


Execution detail:

Date/time Symbol Side Price Position
2016-03-03 10:47:04 AEZS buy $4.250 long
2016-03-03 10:59:47 AEZS sell $4.350 0


Comments

2016-03-03 16:38:42
 

I see the potential base BO on the daily and the pullback intraday. But, I think this is a dangerous play that you could have lost as much as you made. Speaking of which, you made 500 bucks on a .10 cent move? Moneybags!!! :)

2016-03-03 16:49:13
 

Haha! Yea i was taking it as a small pullback play from the beginning. I had no intentions of riding this one out unless it pushed right off the bat. It had been riding on the 9 the whole morning and it was testing the $9.30 multiple times. Once I saw it was holding I went in with some size, 5k shares to capitalize on a small move. Only thing I would have done differently is getting in closer to support.

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