CNAT Trade on Apr 10, 2017 10:42 from tradertony: Tradervue User Stock Trades.

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tradertony

 

Same idea as CLNT trade. Had a nice daily breakout popped in the morning and came back down. Started catching higher lows so I bought the dip. Bought 6.55 risking the 6.4 daily breakout level. I gave it time and after repeatedly testing that 6.75 level and having no buying pressure to get through I cut it off. That .75 wash getting smack and all bounces were being sold into pretty hard. I cut off a little before risk which is not what I like to do but it was not out of emotion, it was because the action clearly was telling me it could not go higher, so I cut off scratch. Good thing as it went down to 6 later in the day. Solid r/r if it had worked, gave it time and it didn't work. I can live with that. Not ETB and float of 20ish million shares was not ideal for squeeze either. On to the next one


Execution detail:

Date/time Symbol Side Price Position
2017-04-10 10:42:16 CNAT buy $6.550 long
2017-04-10 11:53:39 CNAT sell $6.640 0


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