NOAH Trade on Aug 16, 2013 15:53 from johnc_BOWS: Tradervue User Stock Trades.

Shares traded: 500
Closed P&L: OPEN

Added based on Z man's prediction that it may gap up.

Assumption:
Noah gapped up on earnings on 8/9. It spiked up and flagged. Since market was oversold on 8/16 (Friday), it was likely that it would snapback on Monday.

Play:
Bought at end of the day for a swing. 30-minute chart showed that it was respecting the VWAP, and position size was based on my distance from that, which on the 30-minute chart, wasn't much.

Outcome:
S&P dipped further and NOAH didn't spike. P/L on Monday's entries.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-16 15:53:29	NOAH	buy	$18.390	long
2013-08-16 15:53:30	NOAH	buy	$18.370	long
2013-08-16 15:53:37	NOAH	buy	$18.371	long
2013-08-19 09:48:08	NOAH	sell	$18.011	long
2013-08-19 09:48:08	NOAH	sell	$18.010	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=564338&end=20130916&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=564338&end=20130819120808&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=564338&end=20130819160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=564338&end=20140114&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-08-21 08:33:12

Oh the anticipation....

NOAH Trade on Aug 16, 2013 15:53 from johnc_BOWS: Tradervue User Stock Trades.

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