ETRM Trade on Jan 9, 2017 12:17 from JIP_BOWS: Tradervue User Stock Trades.

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JIP_BOWS

 

I had been watching this stock for the previous 2 days as it had gapped up. Today, it gapped up more and had an ORB, which I missed. I was watching the first big pullback and did not go long in fear that it had hit HOD and would reverse being that it was on it's third up day. I should have stuck with my gut for a great R/R trade. I took a bad entry thinking it was bouncing off 20ema with a target at $19. I got stopped out but got a nice fill. I continued to watch and realized it was building a nice trendline support and a tighter range. I reentered after it remounted it's ema's but was stuck in range. It finally brokeout and I sold into the HOD for a decent profit.


Execution detail:

Date/time Symbol Side Price Position
2017-01-09 12:17:36 ETRM buy $17.590 long
2017-01-09 12:54:15 ETRM sell $17.630 0
2017-01-09 13:13:23 ETRM buy $17.640 long
2017-01-09 14:24:18 ETRM sell $19.040 0


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