COHR Trade on May 10, 2017 09:36 from Boston: Tradervue User Stock Trades.

Gravatar

Shared by
Boston

 

This stock gapped up with no resistance overhead which is why I was long biased. I saw that this was bearish right at the open, but looked like it was going to come back and break the high right at the open in the first few candles. I got in small size ready to add, but it never broke and I had to stop out. But the bulls eventually came back and I was looking for an entry over the HOD for the breakout. This consolidated nicely on the 1 min chart, forming a nice looking pattern for a breakout and I scaled in accordingly. On the 5 min chart, this looked a little over extended, but there was at least one 5 min candle that consolidated before it broke which is why I was comfortable taking this.


Execution detail:

Date/time Symbol Side Price Position
2017-05-10 09:36:55 COHR buy $245.720 long
2017-05-10 09:37:14 COHR sell $245.280 long
2017-05-10 09:38:15 COHR sell $245.080 0
2017-05-10 10:08:40 COHR buy $248.750 long
2017-05-10 10:09:28 COHR buy $249.310 long
2017-05-10 10:16:06 COHR sell $252.320 long
2017-05-10 10:16:15 COHR sell $252.450 long
2017-05-10 10:17:36 COHR sell $251.980 long
2017-05-10 10:19:34 COHR sell $252.210 long
2017-05-10 10:21:07 COHR sell $252.420 long
2017-05-10 10:21:17 COHR sell $251.750 0


Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in