ELLI Trade on Sep 3, 2013 11:05 from oly_BOWS: Tradervue User Stock Trades.

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Shared by
oly_BOWS

 

I bought ELLI as a swing when it was coming out of it's flag on the daily. It was finding loose support on the 20dma much like it had at the previous touch.

Then when it broke out of a base on the 30 minute, I trailed my stop a touch under that level. Unfortunately that was too close as it tanked and took me out with a quick move, but still happy with my profit on my first swing.


Execution detail:

Date/time Symbol Side Price Position
2013-09-03 11:05:39 ELLI buy $29.120 long
2013-09-06 09:53:58 ELLI sell $30.080 0

Comments

Gravatar justduit_BOWS
2013-09-08 00:04:26
 

I like this set up. I see it soooo many times, the bounce! like it

Gravatar oly_BOWS
2013-09-08 00:45:12
 

I used to love these intraday but I just can't stay up long enough for them. Then I figured - hey, just switch to swings.

Gravatar markmandy54_BOWS
2013-09-08 12:37:59
 

Nice swing. I suggest you still sell partial at resistance and on this setup it was 31.20ish (previous consol)

Gravatar kunal00
2013-09-08 22:48:54
 

nicde job.

Gravatar kunal00
2013-09-08 22:48:55
 

nicde job.

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