RGSE Trade on Sep 28, 2016 10:01 from TomB_BOWS: Tradervue User Stock Trades.

Setup (intraday): Quick Pullback Buy
Setup (daily): Momo
Stop: 6.50
Reason for taking trade: Multiple supports and low risk
Concerns: Price resistance overhead. Not the cleanest quick pullback buy
Mistakes: Should've seen after a move that big it needed a slightly further pullback
Anticipation/Confirmation: Anticipation
Market above or below 50 MA: Below

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-09-28 10:01:27	RGSE	buy	$6.730	long
2016-09-28 10:10:37	RGSE	sell	$6.430	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RGSE&trade=4870114&end=20161028&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RGSE&trade=4870114&end=20160928123537&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

sasmith0319

2016-09-30 18:52:19

did the same thing looking for 7 break but I made a note that I should've known after that push it needed some cons. guess I just over anticipated the momentum we were starting to see...good to see other traders thoughts..I just started tracking after watching Kunal recommend at the summit!

TomB_BOWS

2016-09-30 19:34:35

Yes exactly, needed more time to rest. It was just extended going into resistance and we were buying closer to the top of that resistance. As long as we learn from our mistakes my friend.

RGSE Trade on Sep 28, 2016 10:01 from TomB_BOWS: Tradervue User Stock Trades.

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