RDN Trade on Jul 31, 2013 10:01 from oly_BOWS: Tradervue User Stock Trades.

Playing this as a flag breakout. It shot up on the open and I looked to get long as it stabilized below the 9ema.

Entered at 14.32 just as it broke above the 9ema and the previous 5min candle

stop: 14.14 below low of day
target: 14.62 and watch it around that level, high on a spike during the flag

In the end, it reversed on me and I managed to get out for a scratch trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-31 10:01:50	RDN	buy	$14.320	long
2013-07-31 10:48:06	RDN	sell	$14.320	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RDN&trade=534159&end=20130830&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RDN&trade=534159&end=20130731130306&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

AnthonyC_BoWS

2013-08-04 16:49:29

Looked like it was played pretty well. Just didn't get any sustained push after it broke the 9EMA or VWAP. Great job getting out at signs of weakness and not just waiting to pay the stop out price.

RDN Trade on Jul 31, 2013 10:01 from oly_BOWS: Tradervue User Stock Trades.

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