CBIO Trade on May 31, 2017 09:32 from Boston: Tradervue User Stock Trades.

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Boston

 

My first trade on this was for the ORB breakout but this was running into the VWAP so it was a no setup. Would have been nice if it, but this was longing into resistance.

The second setup was again longing into the VWAP, but I liked it because I waited for it to pop. Yes this was chasing a little bit, but I was also longing for an entry in above the VWAP and breaking over the HOD because I know there would be shorts covering there, and new buyers stepping in. The 5 min chart looked clean with some indecision, but when it popped over HOD, it was obvious who was winning the fight.

The third trade was picture perfect so obviously I wish I went bigger. I got in my first entry for the first 1 min candle to make a new high, but I got in a little early because this was bouncing. I added again when this broke the last candles high with a stop below the previous candle/VWAP. It wend sideways for a little then dipped down and I thought I was going to stopped out, but it bounced off VWAP and MAs and the 5 min chart was making a new high and I added to the position. I sold half my position near $5.00 and then sold the rest into strength when it broke $5.00. Something I could improve on, on this was to use limit orders when the stock is moving up fast. I use market orders and I'm probably getting filled $0.03-$0.05 lower than what I wanted to.


Execution detail:

Date/time Symbol Side Price Position
2017-05-31 09:32:47 CBIO buy $4.580 long
2017-05-31 09:33:37 CBIO sell $4.480 0
2017-05-31 09:40:42 CBIO buy $4.550 long
2017-05-31 09:40:46 CBIO buy $4.650 long
2017-05-31 09:42:04 CBIO sell $4.730 long
2017-05-31 09:42:11 CBIO sell $4.770 long
2017-05-31 09:42:17 CBIO sell $4.810 long
2017-05-31 09:42:29 CBIO sell $4.820 0
2017-05-31 09:48:41 CBIO buy $4.790 long
2017-05-31 09:49:21 CBIO buy $4.810 long
2017-05-31 09:55:08 CBIO buy $4.810 long
2017-05-31 09:55:11 CBIO buy $4.870 long
2017-05-31 09:55:49 CBIO sell $4.950 long
2017-05-31 09:55:55 CBIO sell $4.920 long
2017-05-31 09:57:09 CBIO sell $5.070 long
2017-05-31 09:57:16 CBIO sell $5.060 long
2017-05-31 09:57:55 CBIO sell $5.060 long
2017-05-31 09:58:42 CBIO sell $5.150 long
2017-05-31 09:59:08 CBIO sell $5.110 0


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