BBY Trade on Aug 20, 2013 10:07 from oly_BOWS: Tradervue User Stock Trades.

With the overnight data, this was a fairly clean pullback into a downtrend. I got in inside the 9ema (including the overnight data) and put the stop outside the 20. It remained in congestion for a while and when Kunal called out a buy I decided to cover. Kept it small.

Entry: 33.76
Stop: 34.76 (watch near 34.25)
Target: 31.76 (watch near 32)

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-20 10:07:32	BBY	sell	$33.760	short
2013-08-20 10:32:30	BBY	buy	$33.730	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BBY&trade=566725&end=20130919&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BBY&trade=566725&end=20130820125230&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-08-21 08:26:25

I've done this exact trade several times and Kunal's advice helped. He said, momo gap up, wait for the P/B and go long on the bounce.

oly_BOWS

2013-08-21 08:38:23

I was actually shorting the overnight action - it had a huge runup overnight and was in a downtrend. On ToS this looked like apullback into the 9/20. I might stop playing pullbacks that are so tied to the overnight action, not sure they are working for me.

kunal00

2013-08-25 11:43:15

this stock ran out of juice.. it wasnt really moving long or short till end of day.

BBY Trade on Aug 20, 2013 10:07 from oly_BOWS: Tradervue User Stock Trades.

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