SHLD Trade on Mar 28, 2017 09:31 from Emilie_BOWS: Tradervue User Stock Trades.

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Emilie_BOWS

 

Daily: break above resistance level around $9.5 which was tested multiple times, strong previous day
Intraday: buy breakout above 9.5
My target was $11. Price pulled back before it hit my target but it was near VWAP so I held then sold into the bounce.
I missed the VWAP bounce play for afternoon run.


Execution detail:

Date/time Symbol Side Price Position
2017-03-28 09:31:27 SHLD buy $9.530 long
2017-03-28 09:31:57 SHLD buy $9.650 long
2017-03-28 11:04:07 SHLD sell $10.650 long
2017-03-28 11:21:19 SHLD sell $10.810 0


Comments

Gravatar VinnyB
2017-03-28 20:30:55
 

Hey I'm wondering what scans you ran (if any) before the market to find this daily chart. Thanks.

2017-03-28 22:45:45
 

It wasn't from pre-market scanning. I had the ticker on my watch list with orders ready to buy.
After market close (previous day), I go through top gainers and look at their charts to see if there are potential trades for the next day and put the tickers on my watch list. SHLD was up yesterday and closed strong. I could see the resistance level around 9.5-9.6 so today I watched it from the open with the plan to buy the breakout over that resistance.

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