AFSI Trade on Jun 26, 2017 11:08 from Boston: Tradervue User Stock Trades.

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Boston

 

This was a very good looking chart pattern. I was originally bummed when the pullback went all the way back down to LOD, but then it bounced and started to consolidate. This also had a really hot daily chart breaking out over a huge level of resistance. I really thought this would have the power to move to $15.00 or even higher because of the hot daily chart, and the intraday flag pattern. The only problem was there was not news/catalyst for this so it didn't have that driving it.

My entry was very good risking off of $14.60 which was the last low. This tapped $14.80 a few times but couldn't break it. It went sideways for about 20 minutes and when it broke under that consolidation, I had to get out for a very small win. The setup had potential, just didn't play out this time.


Execution detail:

Date/time Symbol Side Price Position
2017-06-26 11:08:42 AFSI buy $14.700 long
2017-06-26 11:10:31 AFSI buy $14.680 long
2017-06-26 11:12:52 AFSI buy $14.700 long
2017-06-26 11:13:11 AFSI buy $14.720 long
2017-06-26 11:58:11 AFSI sell $14.750 0


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