NUGT Trade on Jun 17, 2016 11:16 from MAllum_BOWS: Tradervue User Stock Trades.

NUGT, no setup on the daily but always a mover.
It had a strong run up. Thought it was going to break over the 9MA and continue up on the 5 min chart. Should have been aware that it had way too much of a fall to trade countertrend.
Got out quick when it put in the long red candle.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-06-17 11:16:15	NUGT	buy	$101.300	long
2016-06-17 11:18:36	NUGT	sell	$100.730	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4661663&end=20160717&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4661663&end=20160617134836&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-07-18 20:20:01

this stock works best on pullbacks that turn into 1-2-3 patterns.

NUGT Trade on Jun 17, 2016 11:16 from MAllum_BOWS: Tradervue User Stock Trades.

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