SKYS Trade on Apr 4, 2016 13:22 from daljitsingh_BOWS: Tradervue User Stock Trades.

Skys was a triple tap breakout, the reason why I didn't continue to hold share is because the was running into the 200 SMA around that area.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-04-04 13:22:54	SKYS	buy	$5.610	long
2016-04-04 13:31:12	SKYS	sell	$6.010	long
2016-04-04 14:00:37	SKYS	sell	$5.960	long
2016-04-04 14:04:43	SKYS	sell	$6.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SKYS&trade=4451757&end=20160504&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SKYS&trade=4451757&end=20160404160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

parkergreen

2016-04-04 22:20:46

Good reason to exit the trade! I actually shorted this stock where you first started scaling out. I covered pretty quickly because it had a lot of strength with the moving averages coming up under it. Good entry. Do you hold lottery shares?

daljitsingh_BOWS

2016-04-04 23:26:34

Thanks parker, I almost always hold loto shares and I wanted to on this one too, I just figured it was better to be out of the play. I will be looking to play a rubberband snap back on this one tomo for sure.

parkergreen

2016-04-05 00:07:29

Yea I hear ya. Sometimes I'll have lotto shares, but for whatever reason get the wrong vibe from the trade so just exit. Better sometimes that way to preserve mental capital

SKYS Trade on Apr 4, 2016 13:22 from daljitsingh_BOWS: Tradervue User Stock Trades.

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