CLVS Trade on Sep 17, 2013 14:01 from VasoBOWS: Tradervue User Stock Trades.

$-217...CLVS broke out in the afternoon on news of a price target upgrade, so I tried to enter in on the big pullback. I had a decent entry on the pullback, but it just never recovered again to the HOD's. I should have made my stop tigher, but I gave it some extra room since I knew it would be jumpy. Luckily I scaled my position size within my comfort level so I didn't have an astronomical loss.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-17 14:01:09	CLVS	buy	$76.800	long
2013-09-17 14:21:11	CLVS	sell	$74.630	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CLVS&trade=596763&end=20131017&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CLVS&trade=596763&end=20130917160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CLVS&trade=596763&end=20130917160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-17 17:57:27

no set up... you see how the red volume bars are greater then the previous green bar volume bar. it not an orderly pullback.. you want to make sure your pullback is light and orderly when playing a bounce.

VasoBOWS

2013-09-17 18:11:36

Gotcha. Thanks for the tips. That definitely helps.

markmandy54_BOWS

2013-09-17 18:19:57

Crazy selling volume on the 2 red bars.

kunal00

2013-09-18 23:01:47

man tricky! but sometimes these are so huge! i wish the ovlume was lighter on the pullback so its more of a profit takingpullback and then some type of support developed where u could limit ur risk...
worse comes to worse often at the open i "jedi mind " it and wait for a green candle to show up after the pullback then just put stop at bottom of candle and see if it bounces.

CLVS Trade on Sep 17, 2013 14:01 from VasoBOWS: Tradervue User Stock Trades.

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