LPCN Trade on Jun 29, 2016 10:37 from Louie: Tradervue User Stock Trades.

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Louie

General Comment/s:
-Made the same set up as CLVS only difference with this is that stock gapped down (down to 50% at the open)

Plan: (LONG)

Setup: HL + C above V

SL: 2.95 (recent low from the PB)

PT: 50 ema (+.20 from my entry)

Final thoughts:
-Didn't moved as bullish as CLVS and I was feeling scared and a bit panicky when it started to wash after my entry. Told myself to calm down and that a wash is healthy for a strong stock. Then convinced myself to enter a SLO so that if the stock hits my planned stop, there would be no meddling and I will just get taken out.
-My SLO really made this trade unemotional on my end.
-Trade Idea didn't work, that's ok, that's how the markets work.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-06-29 10:37:11	LPCN	buy	$3.020	long
2016-06-29 10:42:59	LPCN	sell	$2.950	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LPCN&trade=4688821&end=20160629131259&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=bb(20,2)&study2=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LPCN&trade=4688821&end=20160629131259&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)&study2=sma(200)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LPCN&trade=4688821&end=20160629111059&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=sma(20)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LPCN&trade=4688821&end=20160729&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(200)');}

LPCN Trade on Jun 29, 2016 10:37 from Louie: Tradervue User Stock Trades.

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