RVLT Trade on Jul 15, 2013 09:46 from NWJames2_BOWS: Tradervue User Stock Trades.

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NWJames2_BOWS

 

daily breakout; intraday consolidation plays

1st trade: significant move up so need to let it settle. hit stop.

2nd trade: late entry at 4.95 and hit stop. ideal entry was 4.9 with 1% stop.

Kunal/other, was this high probability setups? would you trade this stock?


Execution detail:

Date/time Symbol Side Price Position
2013-07-15 09:46:46 RVLT buy $4.930 long
2013-07-15 09:46:46 RVLT buy $4.930 long
2013-07-15 09:46:47 RVLT buy $4.930 long
2013-07-15 09:47:59 RVLT sell $4.840 long
2013-07-15 09:47:59 RVLT sell $4.840 0
2013-07-15 09:55:24 RVLT buy $4.950 long
2013-07-15 09:55:27 RVLT buy $4.950 long
2013-07-15 09:55:51 RVLT buy $4.950 long
2013-07-15 09:55:53 RVLT buy $4.950 long
2013-07-15 09:59:28 RVLT sell $4.880 long
2013-07-15 09:59:35 RVLT sell $4.870 long
2013-07-15 09:59:36 RVLT sell $4.870 long
2013-07-15 09:59:37 RVLT sell $4.870 0


Comments

2013-07-15 21:57:47
 

notice the perfect support trendline down there...draw it on the 1 minute chart off those bottoms/lows. looks like that support uptrend line held up for a long time, until it finally cracked later right at about 5

2013-07-15 21:59:01
 

here's another RVLT trade by a different dude:
http://www.tradervue.com/shared/trades/516125

2013-07-15 22:42:57
 

thx for pointing out the support on the bottom. If we connect 1 min from the top, I would also have better entry. still need ~1% stop loss to make it work. Yes, I did see Ryan's trade also.

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