CLNT Trade on Apr 7, 2017 10:27 from tradertony: Tradervue User Stock Trades.

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tradertony

 

RIP SHORTS lol. This stock ripped up EOD the prior day on some bullshit. The company actually invested in another company, not the other way around. I didn't want to short so late.......oh....and it had an 880k float. Like I said, RIP. The next morning I was waiting for the long rip and short squeeze. PM I was looking at taking a few around 6.5 with risk on 6 even. I debated and decided that this may wash first so I waited. Didn't pan out and it opened and ripped straight out of the gate. Didn't chase and decided I missed the move. Later in the morning the stock washed hard, triggering downward halt. After the halt it faded a little more but started basing. It bounced of the Premarket high around 7.5. After putting in a higher high and watching the tape it looked like the 7.5s were soaking. I took a small position at 7.9 with risk off that 7.5 level with 8.9 target. It may have been a little early but the risk was right. 2.5R. After higher low and higher low my risk got smaller and smaller. I'll admit it looked weak but I was counting on the short squeeze. Sure enough it ripped to my level and then some. Beauty trade. 10R on the last risk level. Can't get better other than adding. Set plan, risk, and target. Stuck to it and crushed it. I love it. and it was a long lol


Execution detail:

Date/time Symbol Side Price Position
2017-04-07 10:27:31 CLNT buy $7.900 long
2017-04-07 11:16:15 CLNT sell $8.900 0


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