Shared by
RobEsposito20
From my entry point of 53.96 the stock went as high as 56. With 300 shares that is $600.
AAOI broke above previous day resistance which was also All time highs. I got long above previous day highs looking for larger move. My entry was great however I turned a great Trade2hold after 10:15 into a scalp. The consolidation back to 54 was still above the breakout level and a great place to add. Ultimately this ran 1.00 higher than my scalp profits. The playbook on this was sell 1/3 at 2x risk and hold the rest for a reason to sell.
Float - 16M
FS% - 13.75%
ATR - 2.58
AVOL - 750K
RVOL - 3.51
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-07 10:23:20 | AAOI | buy | $53.963 | long |
| 2017-03-07 10:23:20 | AAOI | buy | $53.963 | long |
| 2017-03-07 10:23:20 | AAOI | buy | $53.963 | long |
| 2017-03-07 10:24:34 | AAOI | sell | $54.415 | long |
| 2017-03-07 10:24:39 | AAOI | sell | $54.410 | long |
| 2017-03-07 10:25:01 | AAOI | sell | $54.392 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!