KORS Trade on Aug 29, 2013 10:31 from markmandy54_BOWS: Tradervue User Stock Trades.

Daily looked like start of a flat top breakout. Huge rip off open, waited for flag and jumped in as soon as it looked like it was going. Stop -.20, Target +.40. Looked at 30 min and realized it has a bit of resistance to break through first and didn't run so took off early for +.20.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-29 10:31:21	KORS	buy	$72.990	long
2013-08-29 10:40:15	KORS	sell	$73.180	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KORS&trade=578205&end=20130928&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KORS&trade=578205&end=20130829160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KORS&trade=578205&end=20130829130515&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KORS&trade=578205&end=20130829110715&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Patti-Garland

2013-08-29 23:17:48

Today was the second day of a bounce off the 20 on the daily. Price action today created the potential for a flat top break out tomorrow.

Your entry was very good, a little high but not by much. You sold on the pop, that was good.

You did have a higher high so maybe you could have held some for lotto. But then again, the little chase on your entry made that more difficult. That dip would have stopped you out on your buy price.

chrisconnelly3

2013-08-30 01:01:59

very nice!!

KORS Trade on Aug 29, 2013 10:31 from markmandy54_BOWS: Tradervue User Stock Trades.

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