Another earnings gapper. I watched and saw that I missed the initial spike on this one. I got excited when I saw a low volume pullback and took the opportunity and sold into what looked to me like a potential new flag/consolidation period. I was actually thinking about letting it run a little longer, but it met my target and I was ready to book some profits. Glad I did.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-08 09:45:00 | GRPN | buy | $10.860 | long |
2013-08-08 09:45:00 | GRPN | buy | $10.860 | long |
2013-08-08 09:45:00 | GRPN | buy | $10.860 | long |
2013-08-08 10:10:00 | GRPN | sell | $11.110 | long |
2013-08-08 10:10:00 | GRPN | sell | $11.110 | long |
2013-08-08 10:10:00 | GRPN | sell | $11.110 | 0 |
Great trade Genice, respect! I did just the opposite, waited for that bull flag you mentioned and entered the trade but nothing happened unfortunately.
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!
Wow, nice play! Played it a lot better than I did, that's for sure.