PGNX Trade on Aug 26, 2013 12:32 from mirko_BOWS: Tradervue User Stock Trades.

$PGNX was pulling back to 20DMA for a dead cat bounce after previous breakdown. Found it a bit late so missed some nice opportunities to enter earlier on the flag breakouts.

Enter it later in the day as it was pulling back to 9EMA but I guess it was overextended by that time and it did not have more juice so I sold partially into the pullback spike and sold the rest when it broke the support.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-26 12:32:15	PGNX	buy	$5.240	long
2013-08-26 12:32:15	PGNX	buy	$5.240	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:16	PGNX	buy	$5.250	long
2013-08-26 12:32:25	PGNX	buy	$5.255	long
2013-08-26 12:32:25	PGNX	buy	$5.260	long
2013-08-26 12:33:01	PGNX	buy	$5.250	long
2013-08-26 12:33:27	PGNX	buy	$5.260	long
2013-08-26 12:49:56	PGNX	sell	$5.300	long
2013-08-26 12:49:56	PGNX	sell	$5.300	long
2013-08-26 12:49:56	PGNX	sell	$5.300	long
2013-08-26 12:49:56	PGNX	sell	$5.300	long
2013-08-26 12:49:56	PGNX	sell	$5.300	long
2013-08-26 12:49:57	PGNX	sell	$5.300	long
2013-08-26 13:07:08	PGNX	sell	$5.230	long
2013-08-26 13:07:08	PGNX	sell	$5.220	long
2013-08-26 13:07:08	PGNX	sell	$5.220	long
2013-08-26 13:07:08	PGNX	sell	$5.240	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PGNX&trade=574489&end=20130925&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PGNX&trade=574489&end=20130826160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-08-26 22:35:47

setups on this? i dont see it on the daily? ..

mirko_BOWS

2013-08-27 02:29:52

There was no setup Kunal, it just popped on my intraday scan due to a huge momentum and I should not have it played for that reason.

Lesson learned - no setup, no play!

PGNX Trade on Aug 26, 2013 12:32 from mirko_BOWS: Tradervue User Stock Trades.

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