Shared by
Boston
Looking at this stock right now, I don't see any kind of setup at all. I considered this a bull flag and liked it because it was sitting on top of support, but it just wasn't clean and didn't have any liquidity. People weren't trading it. I tried it twice and lost on both trades. What should have killed the setup for me and why I should have never gotten into it was the HUGE wick on the first 5 min candle. This made the setup not clean at all, and showed strong selling pressure. Not a good setup.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-07-14 09:47:01 | WTW | buy | $35.480 | long |
| 2017-07-14 09:47:36 | WTW | buy | $35.460 | long |
| 2017-07-14 09:49:31 | WTW | sell | $35.360 | 0 |
| 2017-07-14 09:52:08 | WTW | buy | $35.460 | long |
| 2017-07-14 09:55:19 | WTW | sell | $35.320 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!