Daily bounce play. Really nicely managed trade here. Multiple days tapping $12.70 was my trigger when it held the initial pop into that area. Volume came in after a brief 5 minute consolidation so I bought 1000 shares at $12.69. A quick sell to lock in some profit at $12.83 and then again at $12.93 in case of a stall at the round number, then I decided to hold 200 for lotto. When the break held and it flagged I decided to add back and then sold half of my total into the next spike. By that point I had a nice amount of profit and decided to just trail my stop. I originally had a final target of $13.25 but since it consolidated at $13.20 for so long I saw an opportunity for one more push through that and added another 1k at the end of the day to drive the trade home, selling all 1350 into the final spike. Overall an excellent day trade. Original stop was at $12.49.
1350 shares
+$499.00 (4.81%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-04 09:42:09 | GSVC | buy | $12.690 | long |
2013-09-04 09:47:20 | GSVC | sell | $12.830 | long |
2013-09-04 09:52:00 | GSVC | sell | $12.930 | long |
2013-09-04 10:33:26 | GSVC | buy | $12.890 | long |
2013-09-04 11:21:35 | GSVC | sell | $13.100 | long |
2013-09-04 15:28:36 | GSVC | buy | $13.200 | long |
2013-09-04 15:34:57 | GSVC | sell | $13.300 | 0 |
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