Shared by
mirko_BOWS
$SEM was a premarket gapper so I waited for a chance to get in intraday. After missing perfect a flag breakout setup at cca. 8.1 I entered the trade at a second flag pattern which was accompanied with a volume increase. I have sold into the spike to the HOD but then again played a flag setup around 13 P.M. and the entry was good but I got stopped out on a single downwards spike probably due to a tight stop loss.
Then for the third time I have entered probably a revenge trade on the additional flag breakout (hod breakout) but this time it just did not have juice.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-08-22 12:18:22 | SEM | buy | $8.210 | long |
| 2013-08-22 12:18:22 | SEM | buy | $8.210 | long |
| 2013-08-22 12:18:22 | SEM | buy | $8.210 | long |
| 2013-08-22 12:18:22 | SEM | buy | $8.210 | long |
| 2013-08-22 12:18:22 | SEM | buy | $8.210 | long |
| 2013-08-22 12:18:35 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:35 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:37 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:38 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:39 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:39 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:42 | SEM | buy | $8.220 | long |
| 2013-08-22 12:18:44 | SEM | buy | $8.220 | long |
| 2013-08-22 12:22:11 | SEM | sell | $8.260 | long |
| 2013-08-22 12:22:20 | SEM | sell | $8.270 | long |
| 2013-08-22 12:22:32 | SEM | sell | $8.270 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.290 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.290 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.300 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.290 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.300 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.300 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.300 | long |
| 2013-08-22 12:23:51 | SEM | sell | $8.300 | 0 |
| 2013-08-22 12:51:08 | SEM | buy | $8.300 | long |
| 2013-08-22 12:51:08 | SEM | buy | $8.300 | long |
| 2013-08-22 12:51:09 | SEM | buy | $8.310 | long |
| 2013-08-22 12:51:10 | SEM | buy | $8.310 | long |
| 2013-08-22 12:51:10 | SEM | buy | $8.310 | long |
| 2013-08-22 12:51:10 | SEM | buy | $8.310 | long |
| 2013-08-22 12:51:10 | SEM | buy | $8.310 | long |
| 2013-08-22 12:51:28 | SEM | buy | $8.300 | long |
| 2013-08-22 12:51:43 | SEM | buy | $8.300 | long |
| 2013-08-22 13:01:14 | SEM | sell | $8.300 | long |
| 2013-08-22 13:01:14 | SEM | sell | $8.290 | 0 |
| 2013-08-22 13:09:39 | SEM | buy | $8.350 | long |
| 2013-08-22 13:10:11 | SEM | buy | $8.355 | long |
| 2013-08-22 13:10:38 | SEM | buy | $8.355 | long |
| 2013-08-22 13:10:40 | SEM | buy | $8.350 | long |
| 2013-08-22 13:10:57 | SEM | buy | $8.355 | long |
| 2013-08-22 13:11:41 | SEM | buy | $8.350 | long |
| 2013-08-22 13:11:42 | SEM | buy | $8.360 | long |
| 2013-08-22 13:11:42 | SEM | buy | $8.360 | long |
| 2013-08-22 13:12:42 | SEM | buy | $8.350 | long |
| 2013-08-22 13:12:49 | SEM | buy | $8.350 | long |
| 2013-08-22 13:13:35 | SEM | buy | $8.350 | long |
| 2013-08-22 13:13:55 | SEM | buy | $8.350 | long |
| 2013-08-22 13:13:55 | SEM | buy | $8.360 | long |
| 2013-08-22 13:13:57 | SEM | buy | $8.350 | long |
| 2013-08-22 13:14:04 | SEM | buy | $8.350 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.290 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.290 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.290 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.280 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.290 | long |
| 2013-08-22 13:33:50 | SEM | sell | $8.290 | long |
| 2013-08-22 13:33:52 | SEM | sell | $8.290 | 0 |
Comments
mirko_BOWS
Thanks Kunal for a great and constructive feedback!
My thoughts were towards possible gap fill since around 8.2 volume started coming in and it was far greater then the volume on the red candles. And when it got above $8.3 which was HOD I thought it could try to go to $8.6 and squeeze some profit for it.
I seem to get on my intraday scanner too much of messy stuff and have to be more careful.
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this stock the esy money is over on ...u got it after really most of its bounce.. that 8.30 zone is a area where stocks can fial or meet resistance.. not to mention the daily chrt is a hot mess.. if the trade worked there is so much suppply at 8.60 that there is n room for it too run..
Now this setup if the stock fell to say 2.00 and it was popping into the gap now u have room to squeeze