LULU Trade on Mar 30, 2016 10:51 from ToqueX: Tradervue User Stock Trades.

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ToqueX

 

Grade=D
P/L=-0.8R

Entry: bear flag

Result: Stopped out. I'm not too upset about this because the setup looks okay. The only thing was that the earnings news was strong and there were buyers stepping in to scoop up the dip. I could have been prepared for that and therefore I wouldn't have expected to get below 66 support with any kind of conviction. This is a momo type of stock once it gets going and asking for a gap fill might be asking for a lot.


Execution detail:

Date/time Symbol Side Price Position
2016-03-30 10:51:36 LULU sell $66.280 short
2016-03-30 10:53:47 LULU buy $66.554 0


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