NTNX Trade on May 26, 2017 09:42 from Boston: Tradervue User Stock Trades.

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Boston

 

This stock looked really promising, but again there just wasn't any follow through. It looked good for a breakout over the HOD, but it failed and headed lower and I cut my losses. Good trade, just didn't work out.

This stock was running into pre-market highs but I was thinking it could break over that because it was holding the MAs. What might have killed this was that on the 5 min chart, the candles had large wicks to the upside which told me that there were strong sellers at that level. BUT, if this broke out over the HOD, there would have been a big squeeze which was worth it for me.


Execution detail:

Date/time Symbol Side Price Position
2017-05-26 09:42:04 NTNX buy $20.680 long
2017-05-26 09:42:08 NTNX buy $20.730 long
2017-05-26 09:45:09 NTNX sell $20.400 0


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